“The team behind AltSpaceVR and also the Mixed Reality Tool Kit have been laid off in their entireties.”
Microsoft’s 5% cut took out whole mixed reality teams, and AltSpaceVR shuts on March 10. HoloLens is already fighting to keep a US military contract that Congress scaled back. Satya Nadella spent the last year giving “metaverse” speeches. The metaverse lasted exactly as long as the hiring boom.