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Disney Aborts Metaverse Arm, 7,000 Employees To Lose Jobs

Disney’s foray into the metaverse has come to an abrupt end as the entertainment giant has reportedly shuttered its entire metaverse division.  In a bid to streamline its business and curb costs, the company is slashing 7,000 jobs, including the 50-strong team responsible for the ambitious virtual reality project, as revealed by sources familiar with […] дальше »

2023-3-28 16:45


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CNBC’s Jim Cramer Criticizes Crypto and NFTs — “This Whole Thing Is Just A House Of Cards”

CNBC’s mad money host Jim Cramer has implored crypto investors to “sell everything”, terming the sector as a house of cards. The veteran markets reporter made the utterances Tuesday when asked about his thoughts on the ongoing crypto sector onslaught, particularly with the massive jobs cuts by Coinbase. дальше »

2023-1-13 22:01


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Goldman Sachs Retrenches 3,000+ Workers, Launches Digital Asset Platform Amidst Bear Run

US Bank, Goldman Sachs, has announced plans to lay off 3,200 workers, starting this week. Falling 2% short of its intended cut-back, close to 629 workers will heave a sigh of relief as they continue to keep their jobs alongside the rest 45,300 workers who make up the bank’s total workforce. The bank, disclosed the […] дальше »

2023-1-13 21:47