Disney has eliminated its entire metaverse division of roughly 50 people, according to a new report from the Wall Street Journal. And while most people are still confused about what the “metaverse” is ...

Add Yahoo as a preferred source to see more of our stories on Google. As part of the impending mass layoffs that will impact as many as 7,000 employees, Disney is eliminating its metaverse division, ...

If you were under any illusion that Disney’s new partnership with Epic Games on a Fortnite-connected “games and entertainment universe” was a traditional video game, that line from Disney’s ...

Disney has a long history of creating fantastical worlds, but even the Mouse House now seems to be pulling back from the metaverse. The metaverse was a pet project of former CEO Bob Chapek, who called ...

Months after first being announced, Disney’s new metaverse division has been shuttered. As a part of the company’s wide-ranging layoffs, virtually everyone at the virtual reality-based outfit has been ...

Disney has reportedly cut its Metaverse division in what is expected to be the company’s first round of layoffs. According to the Wall Street Journal, the 50-person team was intended to lead the ...

Disney is eliminating its metaverse unit as part of its plan to lay off 7,000 workers that will save the company billions of dollars, a source familiar with the situation told The Hill. The Wall ...

Disney scrapped its fledgling metaverse unit as part of the company’s layoff plan, resulting in the unit’s entire staff — roughly 50 employees — losing their jobs. The shutdown is reportedly a ...

Walt Disney Co. (NYSE:DIS) has pulled the plug on one of its units engaged in developing metaverse strategies, as part of its plan to reduce headcount. What Happened: Disney shuttered its metaverse ...

The division is said to consist of approximately 50 employees, and their roles are focused on exploring how Disney can use its existing intellectual property in the "next great storytelling frontier," ...

Disney is searching for someone to lead its efforts in the NFT space, but doesn't give specifics around what the metaverse might look like. Disney DIS is looking for someone to aid the entertainment ...