Disney lays off metaverse employees as part of restructuring

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Disney lays off metaverse employees as part of restructuring
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Disney fired the employees of its metaverse division as part of its $5.5 billion restructuring plan. The division’s head, Mike White, remains employed at the firm. The Walt Disney Company began laying off thousands of employees to cut costs. Among those caught in the layoffs are employees from the division that were working on the […]

The division’s head, Mike White, remains employed at the firm.

Furthermore, Disney fired the 50-person strong next-generation storytelling and consumer experiences unit.Wall Street Journal The metaverse division head Mike White remains employed at Disney, according to the report. White’s team was responsible for:

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