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Dubai News Club > Tech > Disney reportedly eliminates metaverse division in first round of layoffs
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Disney reportedly eliminates metaverse division in first round of layoffs

Press Room
Last updated: 2023/03/28
Press Room
Published: March 28, 2023
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Disney’s next generation storytelling and consumer experiences division, which had been exploring how the company could enter the so-called metaverse, has been eliminated according to The Wall Street Journal. The team is thought to have been made up of around 50 employees, and was exploring how Disney could use its existing intellectual property in what former CEO Bob Chapek called “the next great storytelling frontier.”

The division was announced internally last February

Disney…

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