Flipkart has pared its senior leadership ranks over the past two years, reducing the number of senior vice presidents (SVPs) to fewer than a dozen from about 18 earlier, ahead of a planned initial public offering. Budget 2026 Critics' choice rather than crowd-pleaser
The defining moment of Oman's cricketing journey came during their spirited showing against India at the Asia Cup 2025 in Abu Dhabi. Though the Jatinder Singh-led side went down by 21 runs, the performance of the world No. 20 side against the Men in Blue turned heads across the cricketing world
Apple Tax Exemption: Under the new rule, foreign companies can provide machinery to Indian contract manufacturers operating in bonded customs zones without triggering taxes in India. Apple Tax Exemption: In Budget 2026, Finance Minister Nirmala Sitharaman has announced a major policy relief for
Elon Musk's social media platform X was back up after a brief outage affected more than 19,000 U.S. users on Sunday, according to outage tracking website Downdetector.com. The outage lasted about 45 minutes and was largely resolved by 12:04 p.m. ET
Nipah scare recently sounded an alarm across the world with several airports reinstating COVID-like health checks. Following the Nipah virus outbreak in West Bengal, World Health Organisation (WHO) director general Tedros Adhanom Ghebreyesus warned against the “serious disease
Meta plans to cut around 10% of employees in Reality Labs division: Report
Meta plans to cut around 10% of employees in Reality Labs division: Report
Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the New York Times reported on Monday, citing three people with knowledge of the discussions.
The cuts to Reality Labs, which has roughly 15,000 employees, could be announced as soon as Tuesday and are set to disproportionately affect those in the metaverse unit who work on virtual reality headsets and virtual social networks, the report said.
The metaverse had been a massive project spearheaded by CEO Mark Zuckerberg, who prioritised and spent heavily on the venture, only for the business to burn more than $60 billion since 2020.
Apart from the metaverse, the Reality Labs segment also produces Meta's Quest mixed-reality headsets, smart glasses made with EssilorLuxottica's Ray-Ban and augmented-reality glasses.
While the company has struggled to sell its vision of an immersive digital universe of interconnected worlds, it has seen early success with the smart glasses as competitors such as Google and Apple failed to tap the market with initial attempts.
Meta Chief Technology Officer Andrew Bosworth, who oversees Reality Labs, has called a meeting on Wednesday and has urged staff to attend in person, the NYT reported, citing a memo.
Meta did not immediately respond to a Reuters request for comment.
The report comes as the Facebook-parent scrambles to stay relevant in Silicon Valley's artificial intelligence race after its Llama 4 model met with a poor reception.
Published - January 13, 2026 11:39 am IST
technology (general)
Source: TheHindu
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