Microsoft laid off its industrial metaverse team of about 100 employees. The team was focused on creating metaverse features in industrial environments.
Microsoft is the next big tech company to scale back its metaverse plans. The company announced that it was closing its industrial metaverse team, which was created just four months ago. About 100 employees were laid off, according to the report.
This particular metaverse team was called the 'Industrial Metaverse Core' and focused on industrial environments. Specifically, it aimed to build interfaces for operational control systems in power plants and robotics and transport networks, from agreement with The Information.
Microsoft is among several prominent tech companies that have carried out layoffs. Other companies in this category include Google, Amazon, Salesforce and Meta. These actions have led some to believe that the era of big tech fascination he finished.
Still, the big tech companies continue to make big inroads with their technological developments. Microsoft is the center of attention for the Chat GPT, the revolutionary AI service funded by it. The company recently announced an integration of Chat GPT with your Edge browser.
