The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Meta is laying off about 10% of employees within its Reality Labs unit, a move expected to affect more than 1,000 people.
Activation Showcases the Power of Play for Movie Fans in Branded Immersive ExperienceSANTA MONICA, Calif., Jan. 15, 2026 (GLOBE NEWSWIRE) -- ...