Zuckerberg has finally bowed to reality for his dream, as META plans to significantly cut the budget for its "metaverse" related projects, with an expected reduction of 30%.
At the same time, this also means that META may begin layoffs as early as January 2026, although the final scale of the cuts has not yet been decided.
AI or metaverse—Zuckerberg, as a tech giant, has long been criticized for his excessive investment in the metaverse in recent years. In fact, Zuckerberg has his own pride and persistence, as well as his own dreams, and he has proven to the world that his dream was correct.
This may be the pride and dreams of someone who once stood at the forefront of success. Although both AI and the metaverse have been the best "stories" in global technology in recent years, it seems that the market and capital favor the AI story more, and the pace of progress in AI is indeed faster.
After enduring for several years, Zuckerberg has finally bowed to reality. After the company cuts the metaverse budget and implements layoffs, it will refocus on AI and efficiency.
#META stock price rose after the news broke, clearly showing that market investors are also relieved that Zuckerberg is finally "getting serious"!
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Zuckerberg has finally bowed to reality for his dream, as META plans to significantly cut the budget for its "metaverse" related projects, with an expected reduction of 30%.
At the same time, this also means that META may begin layoffs as early as January 2026, although the final scale of the cuts has not yet been decided.
AI or metaverse—Zuckerberg, as a tech giant, has long been criticized for his excessive investment in the metaverse in recent years. In fact, Zuckerberg has his own pride and persistence, as well as his own dreams, and he has proven to the world that his dream was correct.
This may be the pride and dreams of someone who once stood at the forefront of success. Although both AI and the metaverse have been the best "stories" in global technology in recent years, it seems that the market and capital favor the AI story more, and the pace of progress in AI is indeed faster.
After enduring for several years, Zuckerberg has finally bowed to reality. After the company cuts the metaverse budget and implements layoffs, it will refocus on AI and efficiency.
#META stock price rose after the news broke, clearly showing that market investors are also relieved that Zuckerberg is finally "getting serious"!