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0.000267143071811344 -0.00115205449718674 -0.000384018165728914 0.00130232247508051 -0.000166964419882161 -0.000367321723740716 0.000450803933681702 -0.00243768053027906
Stock impact report

Meta cutting several hundred jobs across Reality Labs, Facebook and other departments [MSNBC.com]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: MSNBC.com
In this articleMeta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., Sept. 17, 2025.Carlos Barria | Reuterslaying offThe cuts are happening across several different organizations within the company, includingFacebookvirtual realityReality LabsSome impacted employees are being offered new roles within the company, the person said. In some cases, those new positions will require relocation."Teams across Meta regularly restructure or implement changes to ensure they're in the best position to achieve their goals. Where possible, we are finding other opportunities for employees whose positions may be impacted," a Meta spokesperson said in a statement.The layoffs come as Meta has been refocusing its efforts and pouring billions of dollars intoartificial intelligenceOpenAnthropicGoogleRead more CNBC tech newsOpen calls out Show less Read more
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