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Microsoft has confirmed its is laying off staff working on Hololens, Surface, and Xbox products, as reports surface that it will cut its industrial metaverse unit.
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Microsoft recently emphasized that it is fully committed to the HoloLens 2 and mixed reality (MR) space, despite recent events such as the laying off of the entire MRTK team suggesting otherwise.
Microsoft revealed in its blog post that the company is shutting its VR facility for good. AltspaceVR, the VR platform of Microsoft will cease to exist from March 12, 2023, as per the company.
The tech giant has decimated its Altspace, HoloLens, and mixed reality teams as the company CEO talked about making 'changes to our hardware portfolio.'
AltspaceVR to close amid layoffs at Microsoft's mixed reality division - SiliconANGLE