Story HighlightsMeta Platforms has begun laying off roughly 1,000 employees as it shifts its focus from the metaverse to AI-powered wearables. Since 2021, the company’s Reality Labs unit has lost ove… [+13 chars]
Meta Stock Drops on News It Will Slash More than 1,000 Jobs within its Metaverse Division - TipRanks
Meta Platforms Inc. ($META) announced it is cutting more than 1,000 jobs within its Reality Labs division. This group is the part of the company that works on futuristic tech
By:Annika Masrani
Source:Tipranks.com
Published:
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