Source: Meta on Wednesday laid off around 700 employees in the Reality Labs unit, as well as some in recruiting, sales, and Facebook (Eli Tan/New York Times)

Eli Tan / New York Times: Source: Meta on Wednesday laid off around 700 employees in the Reality Labs unit, as well as some in recruiting, sales, and Facebook — Meta on Wednesday laid off around 700 employees, a person with knowledge of the company said, the latest downsizing as the Silicon Valley giant shifts its priorities toward artificial intelligence.