UPDATE: Layoffs Confirmed Yuga Labs recently underwent a restructuring phase as announced by its CEO, Daniel Alegre, aimed at realigning teams and projects with the company’s core objectives. The restructuring led to the elimination of several roles across the company. Upon joining six months ago, Alegre prioritized honing a clear […]
Disney is reportedly shutting down its metaverse unit as part of its plan to lay off 7,000 workers, which is expected to save the company around $5.5 billion. According to sources familiar with the situation, the metaverse division was responsible for exploring new technologies and developing strategies to create interactive […]
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