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South China Morning Post

South China Morning Post

Alibaba cuts 'dozens of employees' at metaverse unit as hype in sector cools down

South China Morning Post
Summary
Nutrition label

86% Informative

Dozens of employees at Yuanjing , the metaverse unit of e-commerce giant Alibaba , have been laid off.

Alibaba is the latest Big Tech company to pull back resources from the once-popular sector.

The move to downsize its metaverse workforce reflects how other major tech companies are cutting back on their investments in the much-hyped sector.

VR Score

86

Informative language

85

Neutral language

58

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

32

https://www.scmp.com/topics/virtual-reality-augmented-realityhttps://www.scmp.com/topics/li-autohttps://www.scmp.com/topics/chatgpt-and-other-generative-aishttps://www.scmp.com/topics/artificial-intelligencehttps://www.scmp.com/topics/meta-platformshttps://www.scmp.com/topics/tencenthttps://twitter.com/SCMPnewshttps://go.onelink.me/3586748601?pid=3rdpartycontentexchangehttps://www.scmp.com/tech/tech-trends/article/3164572/china-starts-rebuff-various-metaverse-trademark-applications-amidhttps://www.scmp.com/tech/big-tech/article/3172369/alibaba-leads-us60-million-investment-ar-glasses-maker-nreal-movehttps://www.scmp.com/tech/big-tech/article/3150695/alibaba-joins-tencent-rush-register-metaverse-trademarks-big-techhttps://www.scmp.com/topics/video-gaminghttps://www.facebook.com/scmphttps://www.scmp.com/topics/shanghaihttps://www.scmp.com/topics/bytedancehttps://www.scmp.com/lifestyle/entertainment/article/3153687/what-metaverse-why-does-facebook-want-and-how-will-it-work?module=inline&pgtype=articlehttps://www.scmp.com/topics/internethttps://www.scmp.com/tech/tech-trends/article/3203603/zhejiang-province-home-alibaba-eyes-200-billion-yuan-metaverse-industry-2025https://www.scmp.com/topics/semiconductorshttp://www.scmp.com?utm_medium=partner&utm_campaign=contentexchange&utm_source=YahooFinancehttps://www.scmp.com/topics/facebookhttps://www.scmp.com/topics/baiduhttps://www.scmp.com/topics/ecommercehttps://www.scmp.com/topics/metaversehttps://www.scmp.com/topics/hangzhouhttps://www.scmp.com/topics/alibabahttps://www.scmp.com/tech/tech-trends/article/3243449/chatgpt-one-year-how-openais-chatbot-brought-generative-artificial-intelligence-public-consciousnesshttps://www.scmp.com/topics/kuaishouhttps://www.scmp.com/knowledge?utm_medium=partner&utm_campaign=contentexchange&utm_source=YahooFinancehttps://www.scmp.com/tech/tech-trends/article/3163249/chinas-local-governments-rush-embrace-metaverse-despite-state?module=inline&pgtype=article?module=inline&pgtype=articlehttps://www.scmp.com/abacus/tech/article/3096913/nreal-light-ar-glasses-offer-affordable-competition-microsoft-and-magic?module=inline&pgtype=articlehttps://www.scmp.com/tech/tech-trends/article/3221168/baidus-metaverse-chief-quits-search-engine-giant-shifts-focus-ai-amid-chatgpt-frenzy

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