FTC Criticizes Microsoft's Activision Layoffs Despite Merger Promises

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Source: Quartz
FTC Criticizes Microsoft's Activision Layoffs Despite Merger Promises
Photo: Quartz
TL;DR Summary

The Federal Trade Commission criticized Microsoft for laying off 1,900 workers, mainly from Activision Blizzard, following its acquisition, stating that the move contradicted promises made during the merger approval process. Microsoft's gaming chief had previously emphasized alignment and growth opportunities post-merger. The FTC's letter comes after Senator Elizabeth Warren urged the FTC to maintain its stance against the merger. The FTC's continued opposition to the deal could make a potential divestiture more challenging for Microsoft if the regulator prevails.

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