Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business
Meta PlatformsMeta Platforms(US:META) Nytimes·2026-01-12 20:30

Core Insights - Meta is planning to announce layoffs this week, which will impact its metaverse projects as the company reallocates resources towards artificial intelligence development [1] Company Impact - The layoffs are expected to affect Meta's ongoing work on the metaverse, indicating a strategic shift in focus towards artificial intelligence [1]

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