Nearly 20% of Facebook's Employees are Working on Virtual and Augmented Reality

The division’s staff are now 10,000 strong.

By
Tech 
4,891 Hypes 3 Comments

According to new data, Facebook currently has more than 10,000 employees working on virtual or augmented reality-related projects.

The new study came from The Information and was based on Facebook’s internal organizational data, which has now revealed that the tech giant’s Reality Labs division now accounts for nearly 20 percent of all of its employees across the globe. The number is staggering when compared to similar data recorded back in 2017, when only roughly 1,000 employees were within the Oculus branch, equating to less than five percent Facebook’s headcount.

“Today, most of what Facebook does is…we’re building on top of other people’s platforms,” the company’s CEO Mark Zuckerberg explained to The Information during a recent interview regarding its efforts in VR and AR. “I think it really makes sense for us to invest deeply to help shape what I think is going to be the next major computing platform, this combination of augmented and virtual reality, to make sure that it develops in this way that is fundamentally about people being present with each other and coming together.”

In other tech-related news, Bitcoin has broke through $60,000 USD for the very first time.

Read Full Article

What to Read Next

Facebook Has Created a Virtual Office Space for Those Working From Home
Tech

Facebook Has Created a Virtual Office Space for Those Working From Home

Utilizing its virtual reality subsidiary Oculus.

KAWS, Olafur Eliasson and More to Unveil Augmented Reality Works in Beijing
Arts

KAWS, Olafur Eliasson and More to Unveil Augmented Reality Works in Beijing

As part of an exhibition at the UCCA Center called “Mirage.”

Facebook and Ray-Ban Are Launching Smart Glasses in 2021
Tech

Facebook and Ray-Ban Are Launching Smart Glasses in 2021

Part of a multiyear partnership with Facebook and Luxottica.


Facebook Will Let Employees Work From Home Until July 2021 (UPDATE)
Tech

Facebook Will Let Employees Work From Home Until July 2021 (UPDATE)

While giving workers an additional $1,000 USD stipend for “home office needs.”

All Your Questions About NFTs, Answered
Tech 

All Your Questions About NFTs, Answered

The mysterious blockchain assets have recently surged in popularity, particularly in the digital art world.

'Avatar' Reclaims Highest-Grossing Film Crown From 'Avengers: Endgame'
Entertainment

'Avatar' Reclaims Highest-Grossing Film Crown From 'Avengers: Endgame'

Thanks to a return to theaters in China.

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever
Tech 

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever

Rallying from a 25% drop in value earlier this year.


Disney World Is Replacing MagicBands With Your Smartphone
Tech

Disney World Is Replacing MagicBands With Your Smartphone

Initially launching on Apple’s iOS only.

Malbon x Nike Golf Unite for Limited Capsule Collection
Fashion

Malbon x Nike Golf Unite for Limited Capsule Collection

Performance you need to play at your best.

South Korea's Coupang Goes Public Becoming Biggest U.S. Listing By an Asian Company Since 2014
Tech 

South Korea's Coupang Goes Public Becoming Biggest U.S. Listing By an Asian Company Since 2014

Its market cap is now around $85 billion USD.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.