neutral to positive
11 days agoMeta Plans Up to 30% Cut in Metaverse Budget for 2026
Meta Platforms is reportedly set to slash its metaverse spending by up to 30% as part of its 2026 budget planning, shifting focus away from its virtual‑reality unit toward AI initiatives. The cuts may trigger layoffs as early as January. Meta stock jumped nearly 4% on the announcement. The move reflects changing priorities as the company tries to optimize capital deployment amid shifting investor sentiment.
Companies:
- Meta Platforms
Tags:
- Meta Platforms
- metaverse
neutral to positive
11 days agoMeta Plans Up to 30% Cut in Metaverse Budget for 2026
Meta Platforms is reportedly set to slash its metaverse spending by up to 30% as part of its 2026 budget planning, shifting focus away from its virtual‑reality unit toward AI initiatives. The cuts may trigger layoffs as early as January. Meta stock jumped nearly 4% on the announcement. The move reflects changing priorities as the company tries to optimize capital deployment amid shifting investor sentiment.
Companies:
- Meta Platforms
Tags:
- Meta Platforms
- metaverse
neutral to positive
Meta Plans Up to 30% Cut in Metaverse Budget for 2026
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Meta to cut up to 30% of metaverse spending in 2026, pivoting toward AI; stock jumps ~4% on the news.
Meta Platforms is reportedly set to slash its metaverse spending by up to 30% as part of its 2026 budget planning, shifting focus away from its virtual‑reality unit toward AI initiatives. The cuts may trigger layoffs as early as January. Meta stock jumped nearly 4% on the announcement. The move reflects changing priorities as the company tries to optimize capital deployment amid shifting investor sentiment.
Meta Platforms is reportedly set to slash its metaverse spending by up to 30% as part of its 2026 budget planning, shifting focus away from its virtual‑reality unit toward AI initiatives. The cuts may trigger layoffs as early as January. Meta stock jumped nearly 4% on the announcement. The move reflects changing priorities as the company tries to optimize capital deployment amid shifting investor sentiment.
Companies:
- Meta Platforms
Tags:
- Meta Platforms
- metaverse
- Meta Platforms
- metaverse
- budget cut
- AI
- technology
Dec 4, 2025 • 16:00