Silicon Valley
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2 weeks agoLatest Meta Layoffs 2026: Nearly 1,500 Employees Cut from Reality Labs
Meta plans to cut up to 10% (about 1,500) of Reality Labs staff amid $4.4B losses and a strategic shift toward AI.
The star of Meta Connect 2025 is Meta's new Ray-Ban-branded Display AI glasses, which include a heads-up display element to overlay info on the wearer's view. Meta's "neural wristband", which Zuckerberg described as "the next chapter in the exciting story of the history of computing," uses The end result is a whole new way of interacting with the digital environment, which Meta's hoping will become the foundation for its future AR and VR projects.
Meta, the social media giant led by Mark Zuckerberg, is preparing to open its first physical store in London as part of a push to drive sales of its virtual and augmented reality devices. Property sources said the company is exploring Oxford Street as the likely location for a permanent flagship space where shoppers can try out products such as the Meta Quest headset and Ray-Ban smart glasses. The move would mark Meta's first bricks-and-mortar presence in the UK.