Tuesday, 31 March, 2026
Meta to Slash 10% of Reality Labs Workforce Amid Metaverse Pivot
By Isha
Meta is reportedly planning to lay off approximately 10% of its staff within the Reality Labs division, according to recent industry reports. This strategic downsizing reflects a broader effort to streamline the company’s expensive metaverse and hardware initiatives. Despite heavy investments in virtual and augmented reality, Meta is facing pressure to improve efficiency.
Read full story at Economic Times