Event Brief
Jan 14, 2026 at 9:03 AM ET
Meta Closes Three VR Studios Amid Metaverse Cuts
By The BriefBrief
Meta is laying off 10% of its Reality Labs division, closing VR studios.
WHO: Meta
WHAT: Closing three VR studios
WHEN: Jan 12, 2026 at 7:00 PM ET
WHERE: United States
WHY: Cost-cutting measures in the metaverse division
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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