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Meta shuts down VR Workrooms app as part of cost cuts
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Meta is discontinuing its standalone Workrooms app for virtual reality meetings on February 16, 2026, amid broader efforts to reduce spending on the metaverse. The company is laying off more than 1,000 employees from its Reality Labs division and closing three VR studios. This shift prioritizes investments in AI hardware, such as smart glasses.
Pinterest plans to lay off up to 15 percent of its workforce as it reallocates resources toward ai-powered products and capabilities. The cuts, affecting up to 675 employees, are set to conclude by the end of September. This move comes amid strong earnings and recent ai innovations on the platform.
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Ubisoft has revealed plans to cut 55 jobs at its Massive Entertainment and Ubisoft Stockholm studios as part of ongoing restructuring efforts. The move follows a voluntary leave program launched in fall 2025 and aims to align staffing with long-term project needs. Despite the cuts, development on key titles like The Division 3 continues uninterrupted.
Tomb Raider developer Crystal Dynamics has laid off just under 30 staff members as part of a studio restructuring. The move is aimed at optimizing development on the next Tomb Raider game in partnership with Amazon. This marks at least the fourth round of layoffs at the studio in the past two years.
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Hundreds of jobs are at risk in Kenya as 140 companies issue notices of dissolution through a gazette dated October 31. The public has three months to raise objections before the firms are struck off the register. This follows a report of 2,260 firms applying to wind up operations by June 2025.
Red Hat began significant global layoffs in early September 2025 as part of a strategic pivot toward AI and cloud technologies. The exact number of affected employees has not been disclosed. This move aims to realign resources with emerging market demands.
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Salesforce and Oracle conducted layoffs affecting thousands of employees. The cuts are linked to AI-driven automation initiatives. Both companies are investing heavily in AI despite the workforce reductions.