After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

So I was recently hanging out on a packed floor at a video game conference here in Los Angeles, when I entered this totally alternate reality. I'm surrounded by blackness but also huge company logos ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 positions as the tech giant pivots decisively away from its ambitious metaverse ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel. VR fitness ...

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as ...

Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal memo announced the closures of Twisted Pixel Games (Marvel's Deadpool VR), ...

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...

Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively virtual reality development scene. Dozens of developers were laid off, and ...