{"id":1122700,"date":"2023-03-28T21:25:00","date_gmt":"2023-03-29T01:25:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1122700"},"modified":"2023-03-28T21:25:00","modified_gmt":"2023-03-29T01:25:00","slug":"disney-unplugs-metaverse-unit-during-initial-round-of-layoffs","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1122700","title":{"rendered":"Disney Unplugs Metaverse Unit During Initial Round of Layoffs"},"content":{"rendered":"<p>Disney has eliminated a small business unit focused on exploring the metaverse, part of its initial efforts to reduce its workforce by about 7,000 employees. Deadline reports: About 50 workers were part of the group dedicated to &#8220;next-generation storytelling and consumer experiences.&#8221; Mike White, a former consumer products exec who had been leading the unit, will remain at the company in a yet-to-be-determined role, the source said. On Monday, Disney CEO Bob Iger confirmed in a staff memo that the first of three rounds of layoffs is starting this week as the company pushes toward a stated goal of $5.5 billion in cost savings. Word emerged Monday evening of a number of exec departures across the company&#8217;s general entertainment operations.<\/p>\n<p \/>\n<div class=\"share_submission\">\n<a class=\"slashpop\" href=\"http:\/\/twitter.com\/home?status=Disney+Unplugs+Metaverse+Unit+During+Initial+Round+of+Layoffs%3A+https%3A%2F%2Fslashdot.org%2Fstory%2F23%2F03%2F28%2F2242211%2F%3Futm_source%3Dtwitter%26utm_medium%3Dtwitter\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/03\/twitter_icon_large-1123.png\" \/><\/a><br \/>\n<a class=\"slashpop\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fslashdot.org%2Fstory%2F23%2F03%2F28%2F2242211%2Fdisney-unplugs-metaverse-unit-during-initial-round-of-layoffs%3Futm_source%3Dslashdot%26utm_medium%3Dfacebook\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/03\/facebook_icon_large-562.png\" \/><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/slashdot.org\/story\/23\/03\/28\/2242211\/disney-unplugs-metaverse-unit-during-initial-round-of-layoffs?utm_source=rss1.0moreanon&amp;utm_medium=feed\">Read more of this story<\/a> at Slashdot.<\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Slashdot &#8211; <a href=\"https:\/\/slashdot.org\/story\/23\/03\/28\/2242211\/disney-unplugs-metaverse-unit-during-initial-round-of-layoffs?utm_source=rss1.0mainlinkanon&amp;utm_medium=feed\" target=\"_blank\" rel=\"noopener\">Disney Unplugs Metaverse Unit During Initial Round of Layoffs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disney has eliminated a small business unit focused on exploring the metaverse, part of its initial efforts to reduce its workforce by about 7,000 employees. Deadline reports: About 50 workers were part of the group dedicated to &#8220;next-generation storytelling and &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1122700\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1122701,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[101,110],"tags":[100],"class_list":["post-1122700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slashdot","category-unfiltered-rss","tag-slashdot"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1122700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1122700"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1122700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1122701"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1122700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1122700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1122700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}