Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

Quick Read Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources ...

Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...

In October 2023, I published an article on this site urging you to buy Meta Platforms (NASDAQ:META) ahead of earnings. My ...

Meta may slash its budget for metaverse projects by up to 30 percent next year, according to a report from Bloomberg. Sources ...

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people ...