
Meta to Cut About 1,500 Jobs in Reality Labs as Zuckerberg Doubles Down on AI
•By ADMIN
Related Stocks:META
Meta Platforms Inc. is planning to eliminate roughly 1,500 jobs — about 10% of the workforce — within its Reality Labs division, the company that builds virtual and augmented reality hardware and software, including Quest headsets and the Horizon Worlds platform. The move comes as CEO Mark Zuckerberg shifts the company’s strategic focus from the metaverse to artificial intelligence (AI), redirecting investment toward AI development and infrastructure.
Reality Labs has suffered massive operating losses — reportedly over $60 billion since 2020 — without achieving widespread consumer adoption, prompting the restructuring. The layoffs are expected to fall most heavily on teams focused on VR headsets and metaverse projects, while areas such as smart glasses and AI-related work may see fewer cuts.
In addition to workforce reductions, Meta is tightening performance standards and launching new internal evaluation systems designed to reward high-impact work and boost efficiency. Zuckerberg’s bet on AI includes major investments and acquisitions, aiming to keep Meta competitive with rivals in the rapidly evolving AI landscape.
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