Meta laying off 331 workers in Washington state as part of broader cuts to Reality Labs division
Meta’s Dexter Station office in Seattle. (Meta Photo) New layoffs at Meta will impact 331 workers in the Seattle area ...
Read more
Tag: division
Meta Plans To Cut 10% Of Metaverse Division
Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech ...
Read more
Meta loses $3.7B in Q3 in metaverse-focused Reality Labs division
GamesBeat Next unites gaming industry leaders for exceptional content, networking, and deal-making opportunities. Join us on Oct 23-24 in San ...
Read more
Disney Metaverse Division Reportedly Scrapped
Disney, the worldwide entertainment behemoth, is implementing a major change in its corporate strategy by reportedly dismantling its Disney Metaverse ...
Read more
Disney lays off entire division responsible for its metaverse plans
What just happened? In news that will likely make Mark Zuckerberg sweat, Disney has just laid off its entire metaverse ...
Read more
Disney reportedly cuts metaverse division under Iger’s restructuring
Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023.Randy Shropshire | CNBCDisney is cutting its metaverse division as part ...
Read more
Disney reportedly eliminates metaverse division in first round of layoffs
Disney’s next generation storytelling and consumer experiences division, which had been exploring how the company could enter the so-called metaverse, ...
Read more
Disney reportedly scraps its metaverse division
Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan that will see the ...
Read more
Meta reports Q4 operating loss of $4.279B for its metaverse division
Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here. Meta reported that ...
Read more
Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?
Social media and tech giant Meta is reportedly gearing up for “large-scale layoffs” this week amid rising costs and a ...
Read more
Snapchat’s parent company shutters Web3 division amid layoffs
Snap Inc's CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce ...
Read more
Zuckerberg unfazed about $2.8B metaverse division loss in Q2
Meta’s virtual reality (VR) and metaverse division Reality Labs has posted its seventh straight quarter of losses, but CEO Mark ...
Read more
Meta reports Q2 operating loss of $2.8B for its metaverse division
Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this ...
Read more
Tencent to Open Metaverse Division, Sources Say
Tencent Holdings is set to build an extended reality (XR) unit, its immersive wing tasked with developing hardware and software ...
Read more
HTC’s smartphone division limps on with metaverse-focused Desire 22 Pro
It hasn’t released a competitive flagship device in years, but HTC’s smartphone division isn’t throwing in the towel just yet. ...
Read more
