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Microsoft employees jump ship for Meta as metaverse talent hunt intensifies By BTC Peers

by Mike Robinson

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Microsoft workers jump ship to Meta, as the metaverse talent hunting intensifies

According to a report by the Wall Street Journal (WSJ), Microsoft (NASDAQ:) has lost about 100 employees to Meta’s metaverse efforts.

Big tech companies are looking for qualified employees to fill growing roles as the race intensifies to be the first to enter the metaverse. Microsoft is the biggest loser, according to the WSJ. Its augmented reality division (AR) has seen a loss of nearly 100 people to Meta.

Meta Platforms made public its plans for metaverse when it switched its name to Facebook (NASDAQ:), in October 2021. The company has been particular about recruiting individuals who had worked on Microsoft’s HoloLens AR headsets. According to the WSJ, more than 70 employees who worked on this product have left Microsoft in the last year. Over 40 have taken on new roles at Meta.

Meta may have attracted new talent by offering higher wages. Apple (NASDAQ 🙂 also follows the same path to attract new talent in order to keep its staff. Bloomberg last year reported that Apple incentivized its engineers through stock options and bonuses ranging between $50,000 and $180,000.

Microsoft, for its part has created Vortex, a metaverse-based studio. The new studio has several job openings. An excerpt from the senior designer opening describes Vortex as “a newly founded studio within the Microsoft Mixed Reality group exploring product frontiers that bring together collaborative science, missions to benefit our planet, and entertainment all while pushing the forefront of technology.”

This sector is still young, even with all of the activity. It will be the next decade that truly determines how VR/AR industries develop.

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