---
title: "Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms"
url: https://diffcoin.com/meta-reportedly-cut-metaverse-budget-by-20-as-q2-earnings-call-looms/
description: "Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs. Source link"
published: 2024-07-20
updated: 2024-07-20
author: "Mila"
site: "Diffcoin"
---

# Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.

[Source link](https://cointelegraph.com/news/meta-reportedly-cut-metaverse-budget-20-q2-earnings-call-looms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)