Amid staff reductions at Disney, the metaverse division, which has 50 employees, will be eliminated. Information about this was published by The Wall Street Journal.

Currently, layoffs in the company are ongoing. The corporation plans to reduce staff by about 7,000 employees, Chief Executive Bob Iger said in his letter. Numerous layoffs at Disney are associated with streamlining spending controls and stabilizing the financial situation.

Recall, Disney has demonstrated a prototype robot that may appear in a new theme park in Shanghai.