WebMar 29, 2024 · Disney is cutting costs, and it’s starting with its Metaverse unit. The company is looking to reduce costs across all its divisions, and the first item on the chopping block is the... WebMar 29, 2024 · Disney cuts include Marvel chief Isaac Perlmutter, metaverse division. Disney began laying off 7,000 workers this week as part of an effort to reduce $5.5 billion in costs. The Walt Disney Co. has ...
Disney scraps metaverse unit in cost-cutting move as wider …
WebMar 28, 2024 · Bob Chapek’s metaverse dream is dead at Disney. The entertainment giant shuttered its nascent metaverse division as part of Monday’s layoffs, The Hollywood … WebMar 28, 2024 · Disney has axed its metaverse development team to save on costs, according to the Wall Street Journal, which cited people familiar with the situation. According to the media outlet, the company is implementing a broad restructuring, with roughly 7,000 people expected to be let go over the next months. fiddle tune backing tracks
Disney reportedly scraps its metaverse unit
Web1 day ago · Ad Age’s monthly ranking of metaverse news from brands and others leaning into the virtual craze. By Asa Hiken. Published on April 13, 2024. This month: Metaverse … WebMar 28, 2024 · Disney has cut its “next-generation storytelling and consumer experiences unit,” which was dedicated to developing metaverse strategies. This comes as part of company-wide layoffs that are expected to see around 7,000 leave the company over the next two months. WebMar 28, 2024 · Reading time: ~2 m. Disney is questioning the continued value of Web3. The company is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a “streamlined” business. The cuts include its metaverse team, with its 50-strong headcount being let go, The Wall Street Journal reported, citing ... grey and white jordan 11