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

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

Tech & Gadgets 
5,186 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

All Your Questions About NFTs, Answered
NFT

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 & Gadgets 

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 & Gadgets

Disney World Is Replacing MagicBands With Your Smartphone

Initially launching on Apple’s iOS only.

Malbon x Nike Golf Unite for Limited Capsule Collection
Golf

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 & Gadgets 

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.

HBX Selects You Don't Want to Miss This Week
Fashion 

HBX Selects You Don't Want to Miss This Week

Featuring Stüssy, sacai, Aesop, LEGO and more.

Giant Spear of Longinus From 'Evangelion' Lands at Tokyo Skytree
Entertainment

Giant Spear of Longinus From 'Evangelion' Lands at Tokyo Skytree

Leaving rubble as it “smashed” into the ground.

Sole Mates: Bubblekoppe and the Nike Air Total Max Uptempo
Footwear 

Sole Mates: Bubblekoppe and the Nike Air Total Max Uptempo

Bubblekoppe founder Justin Paul Ronné discusses his favorite Air Max silhouette just ahead of his page’s 10th anniversary.

Your Best Look Yet at fragment design and Travis Scott's Air Jordan 1 "Cactus Jack Royal"
Footwear

Your Best Look Yet at fragment design and Travis Scott's Air Jordan 1 "Cactus Jack Royal"

La Flame’s next pair is giving sneakerheads goosebumps every time they see it.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

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