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Microsoft gaming layoffs ‘logical’ post-Activision acquisition, experts say

on Jan 26, 2024 | 0 comments

By Kendra Barnett

On the tails of its acquisition of Activision Blizzard in October, the tech titan this week laid off nearly 2,000 employees from its gaming division.

Microsoft laid off 1,900 employees from its Xbox and Activision Blizzard divisions this week – just three months after the company completed its $68.7bn acquisition of Activision Blizzard. The cuts represent about 8.6% of Microsoft’s gaming staff.

The news comes in a string of layoffs that have rocked the tech world in the last year and a half.

“It’s a very difficult time for publishers, developers, studios and gaming tech platforms, as more and more layoffs Read full story ›

Source: The Drum