New Delhi: With Meta (formerly Facebook) betting big on the Metaverse, it is now hunting employees of Apple and Microsoft to join in. At least 100 Microsoft employees have left the company to join the Facebook parent meta. According to a report published in The Wall Street Journal, these people belonged to the team developing Microsoft’s HoloLens augmented-reality headset.
Former Microsoft employees said competitors are snatching away people with experience developing Microsoft’s HoloLens augmented-reality headset, sometimes offering up to double their pay. The WSJ report states that the Microsoft augmented-reality group employs about 1,500 people.
A similar pattern was seen among Apple employees who left to join the meta after the iPhone maker began protesting to retain its employees. According to a previous report by Bloomberg news agency, Apple had issued unusual and significant stock bonuses to some engineers to retain talent and prevent rival Facebook parent Meta from defecting.
Apple decided to introduce lucrative stock options and bonuses in an effort to retain its employees, and the bonuses came as a surprise to those who received them. In some cases the bonus ranged from $50,000 to $180,000. Several engineers received roughly $80,000, $100,000 or $120,000 in shares, said the people, who asked not to be identified because the program is not public. Bloomberg reports that the perks were presented by managers as rewards for high performers.
All the tech giants including Microsoft, Meta are getting serious about the metaverse. Supposed to bring the Internet to life, or at least rendered in 3D, Mark Zuckerberg defines the metaverse as a “virtual environment” where you are inside rather than just looking at a screen. can go.
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