How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs
Meta Platforms has cut about 1,000 jobs, or roughly 10% of its Reality Labs division, as it reallocates resources from its metaverse initiatives toward AI wearables and mobile features. This move, announced in an internal memo by CTO Andrew Bosworth, follows earlier statements that the company would shift investments from the metaverse to wearables, with savings being reinvested to support the latter’s growth. These layoffs are the first significant tech sector cuts of 2026, as broader industry-wide job losses declined in late 2025. The layoffs highlight persistent tension between Reality Labs’ financial losses and investor demands for efficiency, especially after disappointing metaverse adoption. While the current cuts are notable, they are smaller compared to recent workforce reductions at other major tech firms like Amazon and are part of a broader industry pivot toward artificial intelligence. No worker adjustment notice had been filed with California regulators as of Wednesday morning.
