Meta's Reality Labs chief is calling the 'most important' meeting of the year and says employees should show up in person

"Meta's Chief Technology Officer and head of Reality Labs, Andrew Bosworth, has called an all-hands meeting for January 14, describing it as the "most important" of the year. Bosworth is also strongly recommending that Reality Labs employees attend the division's meeting in person, two Meta employees told Business Insider. The emphasis on in-person attendance is unusual for the division, which oversees the company's wearables, virtual and augmented reality initiatives,"

"While the division has seen some success, such as its Ray-Ban smart glasses, Reality Labs has been a costly venture for Meta, incurring losses of more than $70 billion since 2020. Last year, Meta CEO Mark Zuckerberg shifted the company's strategic focus toward AI and away from the metaverse. In 2025, Meta invested $14.3 billion in Scale AI and hired its CEO, Alexandr Wang, as part of the major reset of the company's AI efforts."

Andrew Bosworth, Meta CTO and head of Reality Labs, scheduled an all-hands meeting for January 14 and urged employees to attend in person. Managers said some staff were told to drop what they're doing to attend. Reality Labs oversees wearables, virtual and augmented reality initiatives and a nascent robotics unit. The division produced products like Ray-Ban smart glasses but has incurred losses exceeding $70 billion since 2020. Meta shifted strategic focus toward AI, invested $14.3 billion in Scale AI and hired its CEO, then launched a multibillion-dollar AI hiring spree. Reality Labs faced repeated cuts, including planned budget reductions and prior layoffs in Oculus Studios and the Supernatural team.

Read at Business Insider