Amid Layoffs, Microsoft to Draw Curtains Over Metaverse and VR
Microsoft to draw curtains over Metaverse and VR amid the ongoing layoffs to cut costs
Microsoft, which earlier this year announced layoffs of 5% of its entire workforce, has not spared even its budding divisions focused on Virtual Reality (VR) and the metaverse. AltspaceVR and the Mixed Reality Tool Kit, two related projects, are being shelved by the software behemoth. The metaverse and VR projects in Microsoft’s pipeline may experience delays in development and testing in the coming days. The corporation…