It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.

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

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

The metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, ...

A grounded, macro-driven analysis of Meta Platforms, examining ads, AI spending, infrastructure bets, and valuation to assess ...

Meta Platforms (NASDAQ:META) has delivered outstanding performance compared its hyperscaler peers such as Apple (NASDAQ:AAPL) ...

Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...

Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...

Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...

In 2026, gaming has transitioned from a metaverse hype play to a core marketing distribution channel for fashion brands ...

Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities ...