Microsoft is Shutting Down Its Metaverse Unit Amid Layoffs – Digital Music News
Microsoft is shutting down its metaverse unit comprising 100 employees amidst broader layoffs.
Microsoft has internally announced disbanding its Industrial Metaverse Core group, a division comprising around 100 employees focused on bringing the metaverse to industrial environments through software.
The company formed the group only four months ago as a bridge to implement metaverse interfaces to “control electrical power plants, industrial robotics, and transportation networks.”
While the 100 employees that comprised the group were laid off, Microsoft says the products they built will continue to receive support.
“We are applying our focus to the areas of the industrial metaverse that matter most to our customers, and they will see no change in how they are supported. We look forward to sharing additional information in the future.”
In January, Microsoft announced a round of approximately 10,000 layoffs as part of a broader restructuring process. Reports indicate that Microsoft’s…
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source: https://news.oneseocompany.com/2023/03/30/microsoft-is-shutting-down-its-metaverse-unit-amid-layoffs-digital-music-news_2023033042854.html
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