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The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon

Bernard Marr

Microsoft, which is reported to have laid off around 10,000 employees, practically simultaneously announced that it plans to invest $10 billion in OpenAI, the creators of the viral application ChatGPT. Likewise, Google's parent company Alphabet announced plans to reduce its global headcount by 12,000 – a cut of around six percent.

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Metaverse and Investing – Opportunities for Retail Investors Part 2: Software and Infrastructure

ARPost

Microsoft (Nasdaq: MSFT) for AltspaceVR. Microsoft again, because some time ago they bought AltspaceVR , a VR social platform that was on the verge of bankruptcy. Amazon (Nasdaq: AMZN) and Google (Nasdaq: GOOGL) for Servers. As said it is not the main topic of this article. Ericsson (Nasdaq: ERIC) for 5G.

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How Different XR Companies Approach Cloud Services

ARPost

As this article was being written, Varjo further expanded its cloud with Unreal and Unity engine integrations. For example, Magic Leap has had a partnership with Google Cloud for the past year now. Likewise, AutoDesk offers its XR cloud services through a partnership with Amazon. CloudXR From NVIDIA. Parents and Partners.

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Tech Giants Prime AR’s Headworn Era

AR Insider

All the big tech players — Microsoft, Google, Facebook, and Amazon — are in the game as well. Companies like Ikea, Target, and Amazon have already used ARKit, mostly for placing virtual furniture in a room to see if it fits. Google’s approach was significantly lighter and simpler than what’s come since.

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Big XR News from Google, ChatGPT, Vodafone, and Seoul Metropolitan Government

XR Today - Big XR News tag

Google Parent Alphabet Lays Off 12,000 Jobs Late last week, Alphabet, Google’s parent firm, laid off roughly 12,000 individuals. The move accounts for around 6 percent of Google’s global workforce. Google’s layoffs come just days after Microsoft and Amazon announced cutbacks of roughly 10,000 employees.

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XR Talks: Follow the Money for AR’s Trajectory

AR Insider

For Google , it’s all about search, and boosting query volume with more user touchpoints. For Amazon , it’s selling us stuff. And for Microsoft , it’s enterprise productivity. Continuing with the “layer” analogy, Google wants to be the information layer for the spatial web.

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Is Personal Computing’s Next Conquest Your Face?

AR Insider

This article is the latest in AR Insider’s editorial contributor program. Why Facebook and Amazon have joined the race to bring computing to your face. — Facebook and Amazon each discussed computer glasses at launch events this week. Facebook and Amazon executives were 850 miles apart on Wednesday.

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