Overview
- Andrew Bosworth scheduled a Reality Labs all-hands for January 14 and labeled it the most important meeting of the year.
- Managers are urging employees to attend in person, with some telling staff to drop what they are doing, an approach employees say is unusual for the division.
- Meta has reoriented resources toward artificial intelligence, including a $14.3 billion Scale AI investment and the hiring of CEO Alexandr Wang as part of an AI reset.
- Reality Labs has accumulated more than $70 billion in losses since 2020 despite some product traction such as Ray-Ban smart glasses.
- Further cuts are under consideration after multiple 2025 layoffs, with a December report pointing to budget reductions up to 30% and potential job losses in the unit.