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Disney Cuts Metaverse Division

Disney Cuts Metaverse Division

Disney has reportedly cut its metaverse division as part of its restructuring plan that will see the firm slash its operating expenses by $5.5 billion and lay off 7,000 staff over two months, according to Wall Street Journal (WSJ) All of the
March 28, 2023
Disney Cuts Metaverse Division

Disney To Begin Staff Layoffs This Week

Disney will begin layoff notices this week for more than 7,000 staffers whose positions will be eliminated as part of a deep cost-cutting effort that will be felt across all of the company’s key divisions. Bob Iger said in February that the company
March 27, 2023

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