Chinese E-commerce Giant Alibaba Downsizing Metaverse Unit to Streamline Operations: Report
In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The restructuring, which aims to improve efficiency, led to layoffs in Yuanjing, Alibaba’s metaverse unit, as the company recalibrates its focus in this sector. According to the report by South China Morning Post, which is also […]