Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
21 July 2024 - 4:01AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvMGRlMzQxOTEtY2VhMy00ZDI5LTgyZjctYjNhYzdjMTEzYjdmLmpwZw==.jpg)
Despite Q1 company earnings rising 27% year-over-year, Reality
Labs will have to cut costs.
...
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budget by 20% as Q2 earnings call looms
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Meta reportedly cut metaverse budget by 20% as Q2
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