META

Microsoft Cuts VR Staff and Leaves Questions About Metaverse

Microsoft’s Mesh avatars were first showed off in October last year, but excitement over the ‘metaverse’ has depleted significantly since late 2021.Image: Microsoft After the dust cleared from Microsoft making moves to lay off over 10,000 employees—5% of its global workforce—it’s become Microsoft isn’t merely taking a different tact on its virtual reality and mixed …

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‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment

The flood of Big tech layoffs has again upended the dynamic between employers and employees, workers and executives say, leading to prolonged job searches and widespread fear and anxiety among many in the industry. “It is an employer’s market after years of employees having the benefit of working from home [and] more jobs with higher …

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Behind the Scenes, TikTok Employees Are Pulling the Strings

Hitting the viral internet jackpot might seem like a combination of algorithm and luck (with, sure, a dose of talent or skill). But it’s not all the result of a pre-programmed black box of computer coded decision making. Employees at TikTok and ByteDance reportedly have a hidden tool up their sleeves: a feature internally referred …

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Here are the latest tech layoffs as the industry shudders

The high-flying tech industry is facing a reckoning as the economy slows and customers pull back on spending. In the past month alone tech companies have cut nearly 50,000 jobs, reversing a hiring spree that surged during the pandemic as millions of Americans moved their lives online. Google-parent Alphabet is the latest to slash its …

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Meta Claims Metaverse Will Become ‘As Important as Smartphones’

Image: Spencer Platt (Getty Images) meta’s chief product officer, Chris Cox, claims the metaverse will one day become as big a part of consumers’ lives as the smartphone as the company works to create a bigger edge in the digital world. For years, Meta has worked to create technology that will impact people all over …

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