The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.
Oculus founder Palmer Luckey said Meta's VR cuts targeted subsidized game studios that were crowding out developers and ...
Meta layoffs in 2026 have reignited a fierce debate: are job cuts a reflection of employee merit of shifting corporate shims?
A loud voice in that crowd is Palmer Luckey – the founder of Oculus VR, who later founded military contractor Anduril ...
Sandbox (SAND) and Decentraland (MANA), once known as early metaverse leaders, were trading in the red as well. SAND was down ...
Users of the VR fitness service are distraught that Supernatural has had its staff cut and won’t receive any more content ...
This article originally published at Meta layoffs shutter major Texas game studios amid AI shift.
Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.