The XR Week Peek (2023.01.23): Microsoft shuts down Altspace and MRTK, and more!
Welcome to another roundup of AR/VR news of the week! I’m still writing from China, and this week I spent the Chinese New Year here… it was an interesting experience, and if you lost my funny story about it, you can still have a look at it in my dedicated post. Wishing you all a very positive and special year of the rabbit, I leave you with the most important news of the week in AR and VR! Top news of the week (Image by Microsoft)Microsoft lays off 10,000 employees and shuts down its mixed reality projects This is seriously a bad period for the tech industry in general, and of course also for mixed reality. Because of the bad economic conditions, the less digital post-pandemic world, and all the other problems we at this point know too well, Microsoft had to perform massive layoffs. 10,000 employees will lose their job before March: