Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.

Although the stock has dipped 10% over the last six months, the company's overall operational performance and financial ...

Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...

Now, the tech giant appears to be making good on that promise. On Monday, CEO Mark Zuckerberg announced the launch of Meta ...

Meta on Monday named Dina Powell McCormick as its president and vice chairman, weeks after the former top adviser to U.S.

Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting ...

Meta has been investing heavily in infrastructure to fuel its AI "superintelligence" ambitions. The company also recently ...

Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media ...

Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as ...