Disney to lay off 7000 staff, shuts down metaverse division

Disney to lay off 7000 staff, shuts down metaverse division

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The Walt Disney Company has shut down its metaverse division as part of a round of layoffs. The news was first reported by the Wall Street Journal, which had talked to people familiar with the situation, and was then confirmed by Variety. Disney's Next Generation Storytelling & Consumer…

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