SoftBank-backed metaverse creator Improbable lays off staff
A British-based creator of virtual worlds is laying off a chunk of its workforce as it strives to turn a profit within months. Many of its efforts to create commercially viable propositions have been abandoned, prompting it to refocus its efforts. Sky News has learnt that Improbable is preparing to make more than 10% of its 950-strong workforce redundant as it looks to cut losses in its defence-focused business ahead of a potential sale. Improbable, which is backed by the giant Japanese technology investor SoftBank, was founded a decade ago and focused on creating metaverse platforms for use in video games and industries such as defence.
Source
https://t.me/nfts_defi_metaverse
