Meta's Trading Volume Hits $92.77 Billion Ranking Fourth in Stock Market as Company Continues Restructuring

Generated by AI AgentAinvest Market Brief
Friday, Apr 25, 2025 7:54 pm ET1min read

On April 25, 2025, Meta's trading volume reached $92.77 billion, ranking fourth in the day's stock market.

(META) rose by 2.65%, marking its fourth consecutive day of gains, with a total increase of 12.92% over the past four days.

Meta has been restructuring its Reality Labs division, which has resulted in layoffs. However, the company continues to recruit for 495 open roles within this division. The cuts primarily affected teams working at Oculus Studios, Meta’s in-house games division for Quest headsets, and some employees involved in the company’s hardware efforts. Meta spokesperson Tracy Clayton stated that these changes are aimed at improving efficiency and delivering better mixed reality experiences for the Quest and Supernatural communities. Laid-off employees are eligible to apply for other jobs within the company.

These layoffs come after Meta laid off 5% of its overall workforce in February, citing performance-based terminations. The company has been facing ongoing restructuring efforts, and these latest cuts are part of its strategy to streamline operations and sharpen its focus on key areas. Despite the layoffs, Meta remains committed to investing in mixed reality experiences, including fitness and games.

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