Archive · 21 Jan 2026

Meta Cuts 1500 Reality Labs Jobs

Meta Cuts 1500 Reality Labs Jobs

Meta, the company that used to be called Facebook, is letting go of about 1500 workers from a part of the company called Reality Labs.

This group makes things like virtual reality headsets and other futuristic products.

The company is doing this because it wants to spend more time and money on things like AI glasses and phone features instead.

Reality Labs has been losing a lot of money since 2021, over $70 billion, because these products aren't making much money yet.

The company's boss, Mark Zuckerberg, had big plans for something called the metaverse, a virtual world where people can do different activities, but it hasn't become as popular as he hoped.

So, Meta is making these changes to try and make the business more successful.

Sources