Metaverse Retreat: Meta Cuts 1,000 Staff to Pivot Toward AI Wearables
ID: 1447ef31-fb7a-577e-a8b2-6997ebc90e4a
STIX ID: report--1447ef31-fb7a-577e-a8b2-6997ebc90e4a
Feed Name: securityonline.info
Meta is reportedly laying off over 1,000 employees in its Reality Labs division and pivoting from costly VR/metaverse ambitions toward AI-enabled wearables and mobile-centric products, with Ray-Ban Meta smart glasses becoming a strategic centerpiece. CTO Andrew Bosworth said resources will be reallocated to mobile experiences, while VR continues as a leaner, focused unit, reflecting investor pressure, the rapid rise of generative AI, and stronger near-term monetization of AI assistants over immersive virtual worlds.
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