Browsing Tag
Reality Labs
2 posts
Meta’s metaverse developer reports all-time high net loss in Q4, 2023
Reality Labs, Meta’s subsidiary focused on developing the metaverse, recorded an operating loss of $4.65 billion in the…
Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?
As of the end of September, Meta had more than 87,000 employees — a large proportion of which…