Meta Orders Reality Labs 'Most Important' Meeting After Billions Burned
KEY POINTS
- •Meta CTO Andrew Bosworth called Reality Labs' January 14 all-hands the 'most important' one this year, urging in-person attendance.
- •Reality Labs has suffered over $70 billion in losses since 2020 and laid off more than 560 employees amid Meta's strategic pivot to AI.
- •In 2025, Meta invested $14.3 billion in Scale AI and hired its CEO Alexandr Wang, while cutting Reality Labs budgets by up to 30%.
On January 14, Meta CTO Andrew Bosworth, who oversees the Reality Labs division, declared his all-hands meeting the 'most important' of the year—no pressure! Employees were urged by managers to 'drop what they're doing' and attend in-person, a thrilling novelty for a division best known for cash-burning metametaverses. Despite a $70 billion hemorrhage since 2020 and layoffs wiping out over 560 Reality Labs staff in 2025—including Oculus Studios and a $400M zombie fitness app called Supernatural—Bosworth optimistically called 2025 either a visionary triumph or a 'legendary misadventure.' Meanwhile, Meta shifted focus to AI with a $14.3 billion investment in Scale AI and poached AI wizards from Elon-and-Google-land. Reality Labs may be struggling, but hey, at least employees get a mandatory gathering to celebrate the adventure!
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Meta’s Reality Labs says 'drop everything' for a meeting amid $70 billion in losses and mass layoffs—because if you can't escape failure by firing, you might inspire it with awkward in-person chanting.
Meta spent $70 billion burning through Reality Labs, then said 'See you Monday, live and in person!' because nothing motivates like mandatory group therapy.
Reality Labs 2025: where smart glasses, mass layoffs, and trillion-dollar optimism collide in one forced meet-up. Attendance compulsory or else... frittered futures await.
Source: Businessinsider | Published: 1/9/2026 | Author: Pranav Dixit
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