Layoffs
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METAVERSE
AI Has Led to a Wave of Layoffs in the Labor Market Around the World
Recent years have seen a wave of layoffs across the labor market as businesses search for ways to reduce costs…
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METAVERSE
Disney Layoffs to Axe 7,000 Jobs, Metaverse Arm, Report Shows
Disney has scrapped its metaverse division and announced 7,000 layoffs, the Wall Street Journal (WSJ) reported on Tuesday. Citing familiar…
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BITCOIN
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’ – Bitcoin News
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be…
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ALTCOINS
Analyzing Polygon’s eventful 2022 as layoffs raise questions
Polygon Labs has reduced its workforce by 20%. A new report showed a steady decline in network revenue in 2022.…
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BITCOIN
Meta Reportedly Preparing for a New Round of Layoffs – Metaverse Bitcoin News
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in…
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BITCOIN
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be…
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METAVERSE
Altspace VR to Shut Down Following Microsoft Layoffs
Last Friday, Microsoft-owned immersive social platform Altspace VR (virtual reality) announced the closure of its service effective March 10, 2023.…
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METAVERSE
Despite Widespread Tech Layoffs, Metaverse Platforms Currently Have 800+ Job Openings
With news that Microsoft is shutting down its VR metaverse platform AltspaceVR, along with widespread layoffs across most of the…
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BITCOIN
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams – Metaverse Bitcoin News
The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams…
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METAVERSE
Microsoft’s Metaverse Dream Is In Jeopardy Following Massive Layoffs
Microsoft’s Metaverse dream appears to be in limbo after the tech giant laid off over 10,000 employees. Most of the…
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