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Meta may lay off 20% of staff while making two big statements about AI

The company reportedly plans mass layoffs as it sees productivity benefits from AI and faces investor pressure to offset its heavy spending.

PCMag on MSN · 4d

Meta Reportedly Plans to Lay Off 20% of Its Staff Amid AI Push

· 4d · on MSN

Meta’s AI push could trigger 20% layoffs of its workforce

Meta isn't shutting down its VR metaverse

Digest more

· 2d · on MSN

Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse

Meta announced Tuesday that it is shutting down Horizon Worlds, the virtual reality social network for Quest VR headsets that was once a key piece of the pivot to the metaverse.

CNET on MSN · 20h

Meta's metaverse app for VR is staying open, barely

· 1d · on MSN

Meta isn't shutting down its VR metaverse after all

· 16h

Meta backtracks on VR exit, promises continued Horizon Worlds support

Just days after saying the VR version of Horizon Worlds would be shut down, the company now says it will continue supporting it—for the “foreseeable future.”

CNET · 1d

Meta's Metaverse App For VR Is Staying Open, Barely

· 1d

Meta to shut down Horizon Worlds VR platform by June 2026: Metaverse plan faces major setback

More Big Tech Layoffs Loom as Meta Mulls 20% Cut to Its Workforce

He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like the war in Ukraine for respected outlets like Business Insider and Newsweek.

Meta After Killing the Metaverse: ‘Just Kidding’

Meta knows it can’t fully abandon VR, even if the hype surrounding the metaverse and its Horizon Worlds virtual environment has withered to a shallow husk of its initial promise. Just two days after Meta confirmed to fans it was pulling the plug on Horizon Worlds for VR,

Elizabeth Warren asks Meta, Amazon, and others why they're laying workers off despite tax perks

Sen. Elizabeth Warren is grilling several major employers, including Amazon, Target, and UPS, about their recent spate of layoffs amid tax perks to corporations.

Meta is weighing major layoffs as it pours billions into AI

Meta plans potential layoffs as AI investments rise, with up to 16,000 jobs at risk. AI spending demands cost cuts across Big Tech.