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Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on building artificial intelligence.

Meta plans to cut around 10 percent of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as the company shifts priorities to build next-generation art… [2142 chars]

Source: The New York Times | Published: 2026-01-12T20:30:03Z

Credit: The New York Times

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