Meta Axes 700 Jobs as AI Pivot Reshapes the Company
Meta cut roughly 700 employees on Wednesday, hitting Reality Labs hardest as the company doubles down on AI.
Meta swung the axe again on Wednesday, cutting around 700 workers in its latest round of downsizing. The Reality Labs division — home to the company's VR and metaverse ambitions — took the biggest hit.
The layoffs also reached into recruiting, sales, and Facebook teams. The cuts signal a continued reshuffling of resources as Meta barrels deeper into artificial intelligence.
This isn't new territory for the company. Meta has been steadily trimming headcount and redirecting investment toward AI infrastructure and products. Reality Labs, once the crown jewel of Mark Zuckerberg's metaverse vision, keeps losing ground in the internal priority stack.
Seven hundred jobs is a relatively modest number for a company of Meta's scale, but it's another clear data point: the metaverse era is fading. The AI era is what's getting funded now.