Disney eliminates metaverse division as part of restructuring

  • Walt Disney Co. has cut its metaverse division as part of a broader restructuring.
  • This restructuring will reduce head count by around 7,000 over the next two months.
  • CEO Bob Iger said the layoffs will begin this week.
  • Disney’s next-generation storytelling and consumer experiences unit has been affected.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals