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May 30, 2023Microsoft Kills Its Industrial Metaverse Team After 4 Months — The Information
In a surprising reversal, Microsoft has killed a team it formed four months ago to help customers use the metaverse in industrial settings, according to a person with direct knowledge of the matter. The group's roughly 100 employees have all been laid off, the person said.
Microsoft created its Industrial Metaverse Core team in October to help build software interfaces for operating the control systems behind electrical power plants, industrial robotics and transportation networks, The Information was first to report. The team, primarily composed of a group known internally as Project Bonsai, fell victim to Microsoft's plan announced last month to lay off 10,000 employees, or about 4.5% of its workforce.