Meta lays off hundreds more workers as Mark Zuckerberg pivots away from costly ‘metaverse' push
Meta is laying off several hundred employees across key divisions — including Facebook and its Reality Labs unit — as it overhauls the company for the artificial intelligence era.The layoffs also come as Meta pulls back from its costly metaverse push after pouring tens of billions into virtual reality with limited payoff. The company has shifted resources away from immersive worlds and toward artificial intelligence and wearable tech, betting those areas offer faster growth and clearer returns as demand for ...