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Disney Eliminates Its Metaverse Division as Part of Company's Layoffs Plan

Moomoo 24/7 ·  Mar 27, 2023 22:59

$Disney (DIS.US)$ has eliminated its next-generation storytelling and consumer experiences unit, the small division that was developing metaverse strategies, according to people familiar with the situation, as part of a broader restructuring that is expected to reduce head count by around 7,000 across the company over the next two months.

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