The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has affected teams key to its VR (virtual reality) and metaverse efforts, according to reports. The company will shut down two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, which could affect Microsoft’s progress in these areas.

Microsoft VR and Metaverse teams hit by layoffs

The latest round of layoffs announced by Microsoft on January 18 has reportedly affected the company’s metaverse and VR (virtual reality) initiatives, potentially impacting progress in these areas. Among the 10,000 jobs to be cut this year, representing 5% of Microsoft’s global workforce, the teams behind initiatives like Altspacevr and the Mixed Reality Tool Kit are being cut as part of this…