Meta expects Reality Labs to continue losing money
Meta expects Reality Labs to keep losing money, but sees long-term benefits.
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Facebook Reality Labs lost $13.7 billion in 2022
In addition to losing money, Reality Labs employees were among those affected by layoffs during Q4 2022.
![John Carmack exits Meta, stating he's 'wearied of the fight' [Update]](https://d1lss44hh2trtw.cloudfront.net/resize?type=webp&url=https%3A%2F%2Fshacknews-www.s3.amazonaws.com%2Fassets%2Farticle%2F2022%2F12%2F16%2Fjohn-carmack-at-quakecon-2009_688x387.jpg&width=100&sign=j6xoA0tK4AdQXbjEQqZj1SNGlEJ_ULY0SaLq3XoyDVE "John Carmack exits Meta, stating he's 'wearied of the fight' [Update]")
John Carmack exits Meta, stating he's 'wearied of the fight' [Update]
After an almost decade-long stint with the former Oculus, the id Software founder is leaving Meta. (Updated with John Carmack's full statement, which provides some much-needed context.)
Facebook (META) to lay off 11,000, including Reality Labs employees
In a letter released by Mark Zuckerberg, the CEO said the cuts were because 'revenue outlook is lower' and a push to operate more efficiently.
Facebook Reality Labs lost $3.67 billion during Q3 2022
The company anticipates Reality Labs operating losses in 2023 to "grow significantly year-over-year."
Resident Evil 4 VR will get The Mercenaries mode for free in 2022
An upcoming update to RE4VR will bring the much beloved Mercenaries extra mode to the game.
