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International Business Times
International Business Times
Business

HISTORICAL FACTS: Meta reduces reality labs workforce while pivoting to ai powered glasses - The Untold Story

An illustration photograph taken on February 20, 2025 shows Meta logo is displayed on a laptop screen next to the Facebook app displayed on a phone screen, in a residential property in Guildford, south of London.

Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant shifts its focus from metaverse projects to AI-powered wearables.

The cuts, set to be announced Tuesday, mark a significant pivot in the company's hardware and virtual reality strategy.

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