Meta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
1. Meta is prioritizing Reality Labs amid scrutiny over losses. 2. Reality Labs recorded over $58 billion in losses since 2020. 3. Meta expects operating losses in Reality Labs to increase in 2024. 4. Sales in wearables and Quest brand are experiencing significant growth. 5. Reorganization aims to better integrate Reality Labs with Meta's core business.