Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the ...

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.

The Two Rivers City Council approved a $5.7 million tax levy for the 2026 budget. City officials warned that future budget cuts or tax increases may be necessary to avoid a deficit. The budget ...

The message from Marion's city leaders is clear: prepare for budget cuts. All departments in the City of Marion have been directed to cut 10% from their budgets after a first look at the city's ...

Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years after the company changed its name from Facebook to reflect its renewed ...

OSHKOSH (WLUK) -- The Oshkosh Area School District finalized Friday its $6 million budget cut recommendations, which includes the elimination of more than 68 positions. The list of budget reduction ...

Reality Labs division has burned over $60 billion since 2020 The company has committed as much as $72 billion in capital spending this year Meta shares rise 4% Dec 4 (Reuters) - Meta (META.O), opens ...

CLEVELAND, Ohio – The Greater Cleveland Regional Transit Authority is mulling service cuts in mid-2026 to cope with budget problems caused by soaring health care costs. Such cuts would be coupled with ...

Maryland House Majority Leader David Moon wants to close the state’s projected $1.4 billion budget deficit by making spending cuts before raising taxes or imposing other new revenue sources. Moon, a ...

When the Austin City Council passed a new budget late Thursday, the American-Statesman and other publications emphasized the spending plan included $95 million in cuts – an eye-popping sum that would ...