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flag Meta cuts 1,500 jobs in VR division, shifting focus to AI smart glasses amid $77B in losses.

flag Meta is laying off about 1,500 employees—roughly 10% of its Reality Labs workforce—as part of a strategic shift away from metaverse and VR hardware ambitions toward AI-powered wearable devices like smart glasses. flag The cuts follow years of financial losses, with the VR division reportedly losing over $77 billion, and include the closure of three VR game studios. flag While the company remains committed to VR development, it is reducing its first-party content teams, which founder Palmer Luckey argues had unfairly dominated the ecosystem. flag Meta plans to focus on mobile-first AI and consumer wearables, with new smart glasses expected in 2026. flag The UK Gambling Commission also raised concerns over unlicensed gambling ads on Meta’s platforms.

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