Meta Platforms Inc Class A (META)
META Taps Nuclear Energy to Fuel AI Expansion: Buy or Hold the Stock?
Meta Platforms' nuclear energy deals aim to power AI growth, cut costs, and enhance ESG credentials amid surging infrastructure spend.
Meta to reportedly lay off 10% of Reality Labs staff
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse products, the New York Times reported.
Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2026-2030 for January 14
Shares of Meta Platforms Inc. (NASDAQ: META) lost 3.76% over the past five trading sessions after gaining 0.32% the five prior.
Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI
Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects as part of its Reality Labs unit, CNBC confirmed.
Meta begins job cuts as it shifts from Metaverse to AI devices
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.
Meta Should Get Out of Metaverse, Says Laffer Tengler CEO
Meta plans to cut roles in its metaverse unit as it pivots to AI-devices. Nancy Tengler, CEO and CIO of Laffer Tengler Investments, who has been bearish on Meta, discusses why she supports a move away from the metaverse with Caroline Hyde and Ed Ludlow on "Bloomberg Tech.
Meta Reality Labs cuts signal shift toward wearables, Wedbush analysts believe
Wedbush analysts said recent changes at Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) reflect a more disciplined and intentional investment approach, even as the company continues to spend heavily on artificial intelligence and hardware initiatives. The assessment follows a series of reports pointing to job cuts and a reallocation of resources within Meta's Reality Labs unit as the company refocuses on consumer hardware and wearables.
Meta cuts over 1,000 jobs in major metaverse retreat
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable technology investments and development.
Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated.
Meta and EssilorLuxottica Consider Doubling Smart Glasses Production Capacity
Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. If demand continues to grow, they could boost the capacity to 30 million, Bloomberg reported Tuesday (Jan. 13), citing unnamed sources.
Buy Or Sell Meta Stock?
Meta Platforms (NASDAQ: META) is reportedly laying off 10% of its Reality Labs workforce, highlighting the ongoing challenges within its metaverse division. While the segment has struggled with massive financial losses and stagnant adoption, Meta's strategic pivot toward AI has begun to reshape investor expectations.
Meta to cut about 1,500 jobs in Reality Labs as Mark Zuckerberg doubles down on AI
The cuts are expected to hit teams working on virtual-reality headsets and Meta's VR-based social network.
