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Summary: Meta burned $19 billion on VR last year, and 2026 won’t be any better Crunch

- Meta's Reality Labs division lost $19.1 billion in 2025, exceeding the $17.7 billion loss in 2024.
- The company recently laid off 10% of Reality Labs staff and plans to shutter VR studios, signaling a shift in focus.
- Mark Zuckerberg anticipates similar losses for Reality Labs in 2026 but projects a gradual reduction in future years.

A: Did you hear about Meta? Like, Facebook?
B: No, what happened? It’s been a while since I've kept up with tech news!

A: They’re losing *a lot* of money with their VR stuff. Reality Labs!
B: Wow, really? How much?

A: Like, nearly $20 billion last year! And they laid off a bunch of people too. 10% of the team!
B: Seriously? That’s huge! What are they doing now?

A: Mark Zuckerberg, he's trying to sound positive, you know?
B: Of course! Gotta keep up appearances.

A: Yeah, he said they're focusing on VR glasses and making Horizon work better on phones. He thinks things will get better eventually.
B: But he also said they’ll probably *still* lose a lot of money this year!

A: Exactly! He thinks this year will be the worst. Then it will slowly get better.
B: So, the Metaverse thing… it’s not doing so well, huh?

A: Not really. People were already questioning it a few years ago. It was kind of embarrassing for them!
B: I remember seeing that! They’re shifting focus to AI now, it seems.

A: They're even closing VR studios and stopping their Workrooms app. It's a big change.
B: That’s a shame. I thought VR might be a big thing someday.
Summary
Meta's Reality Labs lost $19.1B in 2024, exceeding prior losses. Staff layoffs (10%) & studio closures signal a strategy shift towards VR glasses & mobile Horizon. Zuckerberg anticipates continued losses, but expects gradual improvement. #Meta #VR #RealityLabs
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ID: 9e8f2c99-c00e-4b24-8820-f23e577bff5f

Category ID: listed_summary

URL: https://techcrunch.com/2026/01/28/meta-burned-19-billion-on-vr-last-year-and-2026-wont-be-any-better/#summary

Date: Jan. 29, 2026

Notes: TechCrunch News Summary - 2026-01-29

Created: 2026/01/29 19:42

Updated: 2026/01/29 21:32

Last Read: 2026/01/29 21:32

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