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Meta to cut metaverse budget

Digest more
 · 2d
Meta CEO Mark Zuckerberg went all in on the metaverse. Now Reality Labs is facing big cuts.
Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Continue reading

The HR Digest · 2d
Do Meta’s Metaverse Budget Cuts Signal Incoming Layoffs?
 · 2d
Meta Weighs Cuts to Its Metaverse Unit
22h
Meta Cuts Jobs, Mark Zuckerberg Gets Richer: Wall Street Applauds Move - Meta Platforms (NASDAQ:META)
Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...
1hon MSN
After reportedly burning through $77 billion, Mark Zuckerberg finally shifts Meta's focus
With AI taking the tech world by storm, the metaverse never took off the way Zuckerberg intended. Meta's stock got a boost ...
2don MSN
Stock market today: Russell rallies as rate cut bets mount on jobless claims, layoff numbers; S&P and Nasdaq run on Meta layoff news
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock ...

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