The layoffs will cover 1,900 people employed in the concern. These are mainly employees of Activision Blizzard, ZeniMax and Xbox. Let us recall that just three months ago, the Redmond company finalized its merger with Activision Blizzard, which is worth an unprecedented amount of $69 billion.
According to The Verge, the total job cuts will amount to 8%. people employed in the Microsoft Gaming division, which currently includes approximately 22,000 employees. The reports have already been officially confirmed by the head of Microsoft Gaming, Phil Spencer.
It’s been just over three months since the Activision, Blizzard and King teams joined Microsoft. As we approach 2024, Microsoft Gaming and Activision Blizzard management has committed to aligning our strategy with a sustainable cost structure that will support our entire growing business
– Phil Spencer reported.
As part of this process, we have made the painful decision to reduce the size of our gaming team by approximately 1,900 people out of our 22,000 employees.
– added. After announcing the decision to lay off Microsoft, Mike Ybarra, the current head of Blizzard, decided to say goodbye.
I want to thank everyone affected by today’s situation for their significant contributions to the teams, Blizzard, and players’ lives. This is an incredibly difficult day and my energy and support will be focused on all the amazing people affected by the layoffs – this is in no way a reflection on your amazing work. If I can help with anything, contact, recommend, etc., please contact me via private message.
– wrote Mike Ybarra on social media.
Tech giants are slowing down
Technology companies started the new year with a wave of layoffs. Over the last few weeks, job cuts have been announced by, among others: Google, Discord and Twitch. CI Games, a Polish publisher and game producer, also announced a 10% layoff a few days ago. employees employed in the company.
Source: Gazeta
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