Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...

Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Oculus founder Palmer Luckey said Meta's VR cuts targeted subsidized game studios that were crowding out developers and ...

The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

Meta, which operates social media platforms Instagram and Facebook, is rethinking its investments after a group of its ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company continues to shift toward AI.

Meta is laying off 331 workers in the Puget Sound region as part of broader cuts to its virtual reality division. The ...

Due to those layoffs and organizational changes, it closed three of its VR studios. Reality Labs had lost more than $70 ...