These people belonged to the team developing Microsoft’s
HoloLens augmented-reality headsets, according to a report published in The
Wall Street Journal.
Competitors have been snapping up people with experience
developing Microsoft’s HoloLens augmented-reality headsets, sometimes offering
to double their salaries, said former Microsoft employees. The Microsoft
augmented-reality group employs around 1,500 people, they said, the WSJ report
added.
A similar pattern was seen in Apple employees that quit to
join Meta after which the iPhone maker started counteracting to retain its
workforce. According to a previous report by news agency Bloomberg, Apple had
issued unusual and significant stock bonuses to some engineers, in a bid to
retain talent and to stave off defections to rival Facebook parent Meta.
Apple decided to introduce lucrative stock options and
bonuses in an attempt to retain its employees and the bonuses came as a
surprise to those who received them.
The bonuses ranged between $50,000 to $180,000 in some
cases. Many of the engineers received amounts of roughly $80,000, $100,000 or
$120,000 in shares, said the people, who asked not to be identified because the
program isn’t public. The perk was presented by managers as a reward for high
performers, the Bloomberg report added.
All the tech giants, including Microsoft, Meta are getting
serious about Metaverse. Considered to bring the Internet to life, or at least
rendered in 3D, Mark Zuckerberg has defined metaverse as a "virtual
environment” where you can go inside of -- instead of just looking at on a
screen.
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