Business ❯ Finance ❯ Investments ❯ Corporate Strategy

Meta Platforms Inc.

Meta Weighs Big Reality Labs Cuts as It Refocuses on AI Glasses

Investor pressure following years of losses is driving a 2026 budget rethink with job cuts under consideration.

Meta Stock Slides as AI Spending Plan Balloons to $70–$72 Billion, With Bigger 2026 Outlays