Meta Announces Layoffs in Reality Labs Amid Shift Toward AI and Wearables

Meta has confirmed layoffs affecting over 1,000 employees, about 10% of its Reality Labs division, which focuses on virtual reality and metaverse products. The cuts are part of a strategic shift to reduce spending on VR and metaverse projects and increase investment in artificial intelligence and wearable devices. Alongside job reductions, Meta is closing three VR studios and scaling back some projects. The company plans to reinvest savings to support AI-driven growth, while impacted employees have begun seeking new opportunities.