"Microsoft's Massive Layoffs: 1,900 Gaming Division Workers Cut"

Microsoft's Xbox division, which acquired Activision Blizzard last year, has announced the layoff of 1,900 employees, including roles within ZeniMax (Bethesda) and Activision Blizzard, as part of a strategy to align leadership and execution plans. This decision comes as Microsoft achieves a $3 trillion market cap for the first time, partly due to CEO Satya Nadella's investments in AI, games, and IPs. The layoffs follow similar moves by other companies in the gaming industry, and Microsoft has reaffirmed its commitment to Nintendo platforms.