Meta's Reality Labs Chief Summons Team for an Urgent Meeting Next Week
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Meta's Reality Labs Chief Summons Team for an Urgent Meeting Next Week
"Meta's Reality Labs Head is reportedly calling for an urgent all-hands meeting next week. As per the report, it is internally being called the most important meeting of the year, raising alarms across the division. While the agenda was not disclosed, it is believed that the executive can take some decisive steps owing to the recurring losses suffered by the division. In the third quarter of the previous year, Reality Labs posted an operating loss of $4.4 billion (roughly Rs. 39,000 crore)."
"According to a Business Insider report, Meta's Chief Technology Officer and the Head of Reality Labs division, Andrew Bosworth, has summoned the team for an all-hands meeting on January 14. Citing an unnamed source familiar with the matter, the publication claimed that the executive has described the meeting as the "most important" fixture of the year. Additionally, Bosworth has reportedly stressed the importance of attending the meeting in person to the employees."
"While the agenda of the meeting was not disclosed, the division has been racking up losses ever since its inception. In the third quarter of 2025, the financial report stated that the division had incurred operating losses of $4.4 billion (roughly Rs. 37,000 crore). The losses were posted despite generating a significant amount of revenue, due to high costs associated with augmented reality (AR) and virtual reality (VR) technologies."
Meta's Reality Labs head Andrew Bosworth has called an in-person all-hands meeting for January 14 and labeled it the most important meeting of the year. Attendance in person has been strongly emphasized, an unusual step that has led some managers to pause work so staff can attend. The Reality Labs division has recorded recurring operating losses, including a $4.4 billion loss in the third quarter. High costs for augmented reality and virtual reality development continue to outpace revenue gains. Meta's CFO warned that Reality Labs revenue for the next quarter is expected to be lower year-over-year, partially due to product timing differences.
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