WSJ News Exclusive | Disney Eliminates Its Metaverse Division as Part of Company’s Layoffs Plan

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Disney has eliminated its metaverse division, a 50-employee unit, as part of a broader restructuring

Walt Disney Co. has eliminated its next-generation storytelling and consumer experiences unit, the small division that was developing metaverse strategies, according to people familiar with the situation, as part of a broader restructuring that is expected.

Walt Disney Co. has eliminated its next-generation storytelling and consumer experiences unit, the small division that was developing metaverse strategies, according to people familiar with the situation, as part of a broader restructuring that is expected
 

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amanda89892 Get woke, go broke FAFO

They’ll be returning. Especially for Dinsey and the IP they have, at some point, they will want to leverage that within a metaverse experience.

INVERSEMETA BSCGEMS TO THE MOON !

Too bad, 50 employees is likely a drop in the bucket for Disney. For sure a small price to pay to leverage VR, especially for entertainment.

(Sometime next year after the dollar collapses and they need to reverse the narrative to keep you under control) BREAKING: The US dept. Of Health declares trans identification a mental illness and urges patients to visit their nearest psychiatric hospital

In an age where people are creating shorthand for texting and avoiding even making a phone call, which you can do while doing anything, who actually believed people were going to don VR headsets for more than occasional novelty?

Are the goyim right? Is 'Get Woke Go Broke' true? OY VEYYYYYYYYYYYYYYYY

Disney's decision to eliminate the metaverse division may be a minor bump on the road, but it's definitely not going to stop them from continuing to be an entertainment powerhouse. DisneyMagic See my homepage plz

Disney's decision to eliminate the metaverse division may be a minor bump on the road, but it's definitely not going to stop them from continuing to be an entertainment powerhouse. DisneyMagic Check my bio plz

This move by Disney is surprising given the growing importance of the metaverse. Is this a short-sighted decision that may come back to bite them in the long run? Disney Metaverse Restructuring Follow me I'll follow back

Disney's other problems aside, this is a good business decision. The Metaverse is like 3D televisions circa 2009. They were a hyped novelty that wore off quickly. Plus people were expecting a 'Ready Player One' experience and barely got Super Mario 2.

But they would eliminate their pedophiles before they go out of business?

Different system coming in

They are losing money because they are making diverse trash no one likes. Diversity sucks lmao

Y se reían cuando lo comparábamos c Second Life jajaja ramirofv chicaequis nicopimentel

Can Disney now eliminate its Grooming Division, too?

No more happy ever after

Go Woke then layoff workers when you go broke?

I’d always heard “buy land, because they’re not making any more of it.” Never understood how you could sell digital real estate that is unlimited and easy to make.

way too early to close it. Apple about to release their headset at the end of the year, and cheaper version of it in following year. the Metaverse hype happened way too early without the hardware

told you so... sorry... I f*king told you so!

All of Disney's problems started when they wrongfully fired Gina Carano. I truly believe they are being punished. Meanwhile Gina is thriving and living her best life.

Disney learnt the hard way. Go woke, go broke!

Yeah Mark did a terrible job selling that one lol All the weird hand gestures… weird. lol

Fairly sure whoever takes care of the finances of Disney found out casually that being woke brings about getting broke. So they are now firing all the **** with liberal ideology to go get somebody actually competent in the job. Just had to lose billions to care. Smh.

Terrible decision, a Disney metaverse was the only one that made any sense. Perfect target audience, physical locations, and IP. Lack of vision and understanding.

Maybe it could eliminate it's DEI division and just focus on delivering a good product.

Ahh..loss for $META .

😃🤳

Estamos en la etapa de equilibrio ciclico entre la ECONOMÍA FINANCIERA/DIGITAL con la ECONOMÍA REAL en todos los rubros, le guste a quien le guste, y los más dañados son los que siguieron las agendas políticas en vez de preocuparse de lo que realmente quería su audiencia.

Bad news for META and Mark Z.

How many of these fired/laid off employees were a PO Product owner, SM Scrum Master or some Functional Manager? None?😶🤨 Or did restructuring effort only impact hard working employees?🤫🤔

I’m honestly surprised VR isn’t doing that great. 🤷

Go woke, go broke.

Go woke go broke

The Metaverse was DOA

Lol Go woke go broke

Keep Pressure on Disney. Boycott

this time just hire the best people, and you'll get a better product.

Disney needs to eliminate its DEI division next.

That's because the real Disney Must BE experienced it's a reality of fun and entertainment a real world like wonderland and you Alice Just you can Be sleeping beauty too or sometimes a Beast that's True Magic and you can touch things and feel it somethings you taste Try It

It’ll be back in late 2024 at the near top of the crypto bull market lol

W for yuga

Big mistake. They will regret it just like Apple is doing nowadays without an AI.

Create oaises like ready player one

Metaverse is one of the most useless ideas of recent memory. Society needs to slow the fuck down with nonsense.

Florida winning!

Go woke, Go Broke.

It's too late to change their radial ways. My wife and family will never again go to Disney theme parks or buy any associated with Disney. Mickey Mouse is not welcome here.

It seems that metaverse is really a fucking shit

Metaverse doesn't make sense ... yet... but it will.

Thank God. They want you believing the unreal is real.

nft down bad

Mostly people who are working for Walt Disney are transgenders or Gays , only reason I know I used to work at Disneyland in the Warehouse in 1982 and Micky mouse is Gay ,

Wait does this mean my Disney NFT collection is losing value?

juanfeeeee

Everything Woke goes to 💩

The return to reality

good to see things start to go back to normal

I think the problem is that no one really wants this stuff

Meta verse is dumb. Until it can be half as good as Ready player One, it won’t take off.

A Disney metaverse actually made sense.

They should start a “Touch Grass” division for all of its overweight basement swelling social anxiety ridden 30-something’s man/women/circle-children

Yay!!

Good. Metaverse is garbage and will continue to be so until it is open sourced and free. At which point, the people who use it will be lost to humanity, and productivity will increase.

Disney needs to ditch the DEI community inside Disney and return those wasted salaries to productive efforts.

They need to cut the woke strings and get some proper leaders in to make the content the fans want and deserve, then they will see profits like never before.

The queer stance of the Disney corporation has ruined it for me. Pride comes before a downfall.

When an organization closes entire division, before it releases its product, that means there was no vision, neither anyone convinced on the product being good for company, but still moved ahead because everyone is doing it

Is it rm -rf metaversa_division or cd metaversa_division;rm -rf * 🤔

Join the club

The hard about figuring out what’s next for tech is that you don’t know what it is. This is the perfect example of it not working out, but who knows what the future holds…

This is what a recession looks like.

M

next should be the elimination of the Kathleen Kennedy as a president. give her another departament, mayb far away from creative stuff

metaverse is not for this quarter ... but dont rule out ... once AI needs a Simualtion ... we are going metaverse ... some experiences(live training /meetings/gaming entertainment/Sports betting ) are only met in metaverse

Trend is inevitable

Too little Too late GWGB

Getting rid of those who claim to be woke.

Commies don't change.They shape shift.🖕 DISNEY!!!

The stock is a really good buy

Another nail in the flailing metaverse's coffin. Take that Zucky...

. It was probably the only division that WASN'T overtly propagandizing, grooming, and sexualizing children 🫤

Metavers is dead

How about stop your lbgq push to kids? Maybe you wouldn’t have lost billions

Next news: Meta renamed back to Facebook.

Good!

Disney is dead to me. They have gone militantly woke focusing on children....so go woke, go broke.

Disney has become a laughing stock. The movies they make nowadays are woke garbage and not family friendly.

The latest Marvel universe movie was beaten at the box office by puss in boots

The happiest virtual place on Earth is no more!

Cuts, cuts and more cuts. Keep going, lots of woke cancer still growing inside the mouse.

🥳🍿🥂😂

+EV

Well 'As the world 🌎 turns.'

Dari awal saya sudah bilang. Metaverse agak sulit berkembang. Memakai kacamata VR melelahkan dan pusing. Augmented reality lebih masuk akal.

Do the story groups next!

that wont last long, once deScamtis realizes in the metaverse a woman can be a man.

The Metaverse scam is unraveling. Has anyone checked if Zuckerberg is okay?

They went woke and going broke, people want to escape the struggles in life for an hour or two and not have ideology or indoctrination rammed down their throats.

ReplyGPT

Go woke , go broke .

Go woke, go broke.....

Smart !

This is not the end of Disney's web3 exposure.

Fortunately for them …… In another universe they all still have jobs,

RIP Meta

Get to reality first, before going into an imaginary world

Another Metafarce dies

Lol Wood Sarah Jessica

brooklynmarie I guess that “next great storytelling frontier” just couldn’t be tamed.

bobbyhundreds this is sad

Just bring back ToonTown. 🤷🏼‍♀️

We're so glad to hear that Disney is doing its absolute best to look out for its employees. Nothing like a restructuring to show you care!

Is META still a company?

😂

So its now more metaverser

Zucki 👋

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