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Meta Cuts 100 Jobs Amid $17.7 Billion Loss

4/27/2025

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Summary

Story summary

In a bold move, Meta has cut over 100 jobs in its Reality Labs division, impacting teams like Oculus Studios and the creators of the Supernatural VR fitness app. This restructuring comes as the company grapples with a staggering $17.7 billion loss last year, highlighting the ongoing struggles in the competitive VR landscape.

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Story summary

In a bold move, Meta has cut over 100 jobs in its Reality Labs division, impacting teams like Oculus Studios and the creators of the Supernatural VR fitness app. This restructuring comes as the company grapples with a staggering $17.7 billion loss last year, highlighting the ongoing struggles in the competitive VR landscape.