In an unexpected move, The Walt Disney Company recently announced it is scaling back its metaverse division, part of a broader restructuring effort for the iconic entertainment giant. The division, which had been growing rapidly since its inception over three years ago, was responsible for the development of new interactive virtual experiences and the implementation… Continue reading Disney cuts metaverse division as part of broader restructuring
Category: restructuring
Wednesday’s top tech news: layoffs come for Microsoft
Microsoft, one of the most recognizable names in the tech industry, has announced a round of layoffs expected to cut thousands of jobs across the company as part of a major restructuring effort. This comes on the heels of disappointing earnings that were revealed late last month. The layoffs are expected to affect employees across… Continue reading Wednesday’s top tech news: layoffs come for Microsoft
Playtika workers
Playtika, an Israeli game studio, has announced the layoff of 610 workers from their Tel Aviv studio and the closing of three of their online gaming titles in a broader restructure that has impacted the giant game studio’s workforce. This restructuring announcement was accompanied by Playtika’s CEO, Robert Antokol, saying that the game studio was… Continue reading Playtika workers