Meta's Reality Labs division, long the epicenter of its metaverse ambitions, has now claimed over $73 billion in losses since ...
Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal ...
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Meta slashes 1,000+ VR jobs, shuts studios as $70B metaverse dream crumbles
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...
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