Disney Reportedly Gives Metaverse Division The Axe

  • Walt Disney Co.’s metaverse unit has reportedly been axed.
  • The entertainment giant has cut the approximately 50 individuals that worked in the division helmed by exec Mike White, the Wall Street Journal reported Tuesday, citing unnamed sources “familiar with the situation.”
  • The outlet connected the move to the company-wide reorganization effort recently unveiled by CEO Bob Iger.
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