Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

Rating your workers in performance reviews is always tricky. Pigeon-holing them for bonuses? Definitely unsettling.

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

The tech giant will wield bonuses to incentivize workers to improve output, mirroring review overhauls made at other tech ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

“Welp. As many will hear soon, several Meta game studios were closed today, including Sanzaru. It was an amazing team of powerhouse talent, and I’m really glad to have gotten to know everyone there,” ...

Former Trump administration insider and Goldman Sachs powerhouse is joining as president and vice chairman to spearhead a ...

The division currently employs around 15,000 people, and about 10% are set to lose their jobs this week, sources tell The New ...

Meta will launch Meta Compute, a new AI infrastructure group, to accelerate investments in data centers and energy supplies ...

Meta's new Checkpoint program restructures worker ratings and incentives, rewarding top performers with up to 300% of their ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...