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Last updated: June 16, 2025, 16:27  |  Written by: Changpeng Zhao

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Walt Disney Co

Walt Disney Co. DIS -0.64% has eliminated its next-generation storytelling and consumer-experiences unit, the small division that was developing metaverse strategies

Disney closes its Metaverse Division - 50 employees

The shutdown of Disney’s metaverse group came Monday with the first wave of the company’s move to slash 7,000 jobs under interim CEO Bob Iger, which is part of

Disney Laid Off Its Entire

Disney laid off its entire metaverse team, which included around 50 people, in recent cuts. It's the latest firm to abandon its metaverse ambitions, despite assembling a

Disney reportedly eliminates metaverse division in first

Disney scraps metaverse unit in cost-cutting move as

The Cut Was Announced Monday

The cut was announced Monday, with more layoffs to be expectedDisney reportedly plans to lay off 7000 jobs with Bob Igor, interim CEO, striving to reduce $5.5

Why Disney shut down Metaverse unit - AS USA

Disney Shelves Metaverse Plans: 50 Employees Released - Watcher

Now

Disney Ditching Metaverse Plans, Laid Off Entire Team: Report

Disney Shuts Down Metaverse Unit as Part of First Wave of Layoffs

Now, Disney has joined this list after setting up a team back in 2025. The Wall Street Journal stated earlier today that Walt Disney Co. had disbanded its metaverse

Disney Eliminates Its Metaverse Division as Part of Company’s

Changpeng Zhao can be reached at [email protected].

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