NextVR Held Significant Layoffs Today
JANUARY 14, 2019
Cole said their live production schedule remains unaffected through the layoffs, with a broadcast tomorrow planned of the NBA game between the Oklahoma City Thunder and Atlanta Hawks. The company was early in transitioning to VR, though, as a wave of companies raised huge amounts of money in the wake of Facebook’s $3 billion acquisition of Oculus in 2014. Live streaming VR company NextVR held significant layoffs on January 14, 2019.