Meta's Reality Labs COO Dan Reed steps down after 11 years amid restructuring. The division faces pressure over $60 billion ...

Meta's Reality Labs faced layoffs and $4.2 billion in losses, raising questions about the future of its metaverse ambitions ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion ...

Meta Platforms Inc. is cutting jobs at its Reality Labs unit, which makes the company’s Quest mixed reality headsets and the ...

Meta has laid off an unspecified number of employees in its Reality Labs division, a company spokesperson confirmed.

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality ...

Meta reported a $4.2 billion operating loss in its Reality Labs unit for the first quarter, continuing its ...

Meta is laying off teams in its Reality Labs division as a part of its restructuring efforts. The Reality Labs division ...

Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter. Meta's ...

Meta reported first-quarter earnings after the close of trading on Wednesday. The company delivered a beat while boosting its ...

Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing ...