Meta Stock: Company Dumps 1,500 Metaverse Jobs After $70B Loss

TLDR Meta is eliminating roughly 1,500 positions from Reality Labs, representing 10% of its metaverse workforce. The cuts come as Meta redirects investment from virtual reality projects to artificial intelligence initiatives. Reality Labs has lost over $70 billion since 2020, with Q3 2025 showing $4.4 billion in operating losses. User engagement remains weak, with Horizon [...]

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