Disney's metaverse unit included roughly 50 employees who were all laid off in recent cuts at the company.Paul Hennessy/SOPA Images/LightRocket via Getty Images Disney laid off its entire metaverse team, which included around 50 people, in recent cuts. It's the latest firm to abandon its metaverse ambitions, despite assembling a team just a year ago.
Disney Is Ditching Its Metaverse Plans After Laying Off An Entire Team Focused On Interactive Storytelling, Report Says
sbhaimiya@insider.com (Sawdah Bhaimiya), Business Insider
Tue, 03/28/2023 - 3:40am
Topics: paul hennessy/sopa images/lightrocket getty images wall street ceo bob iger mike white ceo bob chapek brie larson september 2022.disney november genies under chapek january 2022 our now claire atkinson march christine mccarthy business disney journal iger white chapek february insider entire team focused report metaverse plans interactive storytelling company people told included digital employees laid abandon latest roughly lay cuts familiar unit effort including layoffs time cost-cutting
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