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Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

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Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes
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Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

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Source: Bitcoin.com

Alibaba's Metaverse Unit Layoffs Dozens as Interest WanesAlibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring exercise. […]

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Author: Terence Zimwara

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