1 link tagged with all of: meta + ai + reality-labs + metaverse + layoffs
Links
Meta plans to lay off about 10% of its Reality Labs employees due to ongoing financial losses, totaling around $70 billion since 2020. The division focuses on metaverse products, which have failed to gain consumer traction, prompting a shift in the company’s focus toward AI development.
meta ✓
layoffs ✓
reality-labs ✓
metaverse ✓
ai ✓