Microsoft’s Metaverse Dream Is In Jeopardy Following Massive Layoffs


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Microsoft’s Metaverse dreams seem to be in limbo after the tech giant lays off more than 10,000 employees. Most of the departments affected include those running AR and VR projects, his two main components of the Metaverse.

The company may now pause development of HoloLens and other headset-based projects. Massive layoffs primarily affected teams working on mixed and virtual reality.Over the years this news HoloLens project.

Microsoft HoloLens

In the past, the company has made several unsuccessful attempts at contracting with the U.S. military. According to Congress, it is due to programming issues in the product. Additionally, the entire team that worked at AltSpaceVR was sent home. Microsoft acquired his AltSpaceVR in 2017, and the company was leading his Microsoft metaverse dream.

When AltSpaceVR is decimated, people in the know microsoft mesh may take over. However, these are only speculations at this point. Also, the platform behind the Mixed Reality Tool Kit (MRTK) framework has been affected by layoffs.

MRTK acts as a cross-platform system responsible for generating spatial anchors within a virtual space. Unlike AltSpaceVR, MRTK has had some success with Unity VR integration. This has been confirmed to work with a variety of headsets, including HoloLens and Meta headsets.

What does this mean for Microsoft’s Metaverse Dream?

The layoffs of the entire teams working at MRTK and AltSpaceVR mean Microsoft has little incentive to continue working on HoloLens. This is a move that comes at a time when other top tech giants are working on it. similar layoffs Unique in a slowing economy.

So far, companies like Google, Amazon, Meta, Salesforce, and Wayfair have laid off significant numbers of employees. Most of these individuals were hired at the height of the pandemic as some companies tried to meet increased demand for their products and services. The current goal is to cut costs, but for Microsoft that means jeopardizing the metaverse dream.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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