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 sources, ...
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Tag: layoffs
Disney reportedly eliminates metaverse division in first round of layoffs
Disney’s next generation storytelling and consumer experiences division, which had been exploring how the company could enter the so-called metaverse, ...
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Meta layoffs begin as Facebook parent company cuts another 10,000 jobs
Comment on this storyCommentMeta is poised on Wednesday to begin handing out the first of 10,000 pink slips it plans ...
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Meta Analyst Estimates Potential Cost Savings From Fresh Round Of Layoffs, Mostly from Metaverse
Mizuho analyst James Lee reiterated Buy on Meta Platforms Inc (NASDAQ: META) with a $210 price target.Several major news outlets indicated that Meta could ...
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Meta planning thousands of more cuts after widespread layoffs: Report
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on ...
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Meta Reportedly Plans Another Round of Layoffs
Facebook parent company Meta plans to cut thousands of jobs as soon as this week in a fresh round of ...
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Layoffs by the numbers: Tracking companies laying off workers
Comment on this storyCommentThe U.S. job market has been remarkably strong, even in the face of other economic head winds. ...
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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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MS layoffs effectively kills off mixed reality projects
Microsoft HoloLens AppleInsider may earn an affiliate commission on purchases made through links on our site. Microsoft's layoff of 10,000 ...
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SBF pleads not guilty, layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam ...
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Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0
A crypto-collapse, lay-offs at Facebook and carnage at Twitter are rocking the tech industry. It’s stoking memories of the dotcom ...
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The Reason for Meta’s Massive Layoffs? Ghosts in the Machine
Remember Libra, Meta’s ambitious plan to enter the cryptocurrency market? Or Lasso, Meta’s ambitious attempt to outdo TikTok? Alongside projects ...
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Mark Zuckerberg admits he over estimated ecommerce boom amid layoffs
Comment on this storyCommentMeta chief executive Mark Zuckerberg made a startling admission on Wednesday during a private Zoom call for ...
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Meta stock up as Wall Street rallies around layoffs
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, ...
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Meta joins big tech layoffs, lets go of 11,000 employees
The Facebook parent company Meta announced that about 13% of its current workforce has been cut in the first mass ...
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