More Veteran Employees Quitting Microsoft to join Meta

Meta has lured around 100 experienced technicians from Microsoft alone. Whereas, Apple is offering lucrative bonuses to hold onto their employees.
More Veteran Employees Quitting Microsoft to join Meta

In Brief:

  • Around 100 employees abandoned Microsoft to join Meta platforms.
  • To counteract Meta, Apple introduced lucrative bonuses to retain talent and hold onto its workers.

Experienced employees who were formerly working on developing Microsoft’s HoloLens augmented-reality headsets have left to join Meta. According to former staff, around 100 workers have quitted the tech giant’s augmented reality team to join Meta platforms. 

Over the past year, more than 70 employees who were part of Microsoft’s HoloLens project have left, with over 40 of them accepting new positions at Meta. Microsoft’s HoloLens project was launched in 2016, incorporating technology to develop one of the world’s most advanced headsets. 

The unprecedented shift had taken place as Microsoft was first to explore the AR space, which makes its veteran employees valuable assets to Meta. 

Apple has also anticipated the rival’s threat to its talented workforce. Consequently, Apple introduced lucrative stock options and generous bonuses ranging from $50,000 to $180,000 to hold onto its workers. 

Facebook’s major rebranding to Meta has indicated its growing ambitions beyond the social network. Meta has been working aggressively to advance its virtual reality business “Reality Labs”. Microsoft, on the other hand, has also shown its presence in the metaverse with its new updates in Teams and the Xbox gaming console. 

In addition to that, the company also revealed its plan to launch its new product “Dynamics 365 Connected Spaces” to link with the metaverse. 

Metaverse is perceived as a fresh concept that brings the internet to life. Tech giants are tussling over succeeding in realizing the potential of metaverse in their technology framework. It would be interesting to see how these companies integrate metaverse to create augmented versions of reality seamlessly. 

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