"Microsoft Cuts 1,900 Gaming Division Jobs Across Xbox and Activision Blizzard"

TL;DR Summary
Microsoft is laying off 1,900 staff from its video game workforce following its $69 billion acquisition of Activision Blizzard. Xbox boss Phil Spencer stated that the company will provide full support to those impacted, including severance benefits. The layoffs are part of a strategy to align with a sustainable cost structure and support the growing business. The cuts come amidst a trend of layoffs in the video game industry, with estimates suggesting that over 10,000 workers were laid off in 2023, and the trend has continued into 2024.
- Microsoft Lays Off 1,900 Staff From Its Video Game Workforce IGN
- Microsoft lays off 1900 Activision Blizzard and Xbox employees The Verge
- Microsoft is laying off 1900 employees at Xbox Windows Central
- Phil Spencer announces Microsoft is laying off nearly 2000 people from its gaming division Gamesradar
- Microsoft is cutting 1,900 staff across Xbox, Bethesda and Activision Blizzard | VGC Video Games Chronicle
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
4 min
vs 4 min read
Condensed
89%
801 → 88 words
Want the full story? Read the original article
Read on IGN