Company with 300000 crore dollar market cap fires 1900 employees, affected teams include Xbox... - News Summed Up

Company with 300000 crore dollar market cap fires 1900 employees, affected teams include Xbox...


The job cuts will affect around 8 per cent of the overall Microsoft gaming division that has some 22,000 employees. Microsoft is laying off at least 1,900 employees at gaming company Activision Blizzard it acquired recently, as well as at Xbox. The job cuts will affect around 8 per cent of the overall Microsoft gaming division that has some 22,000 employees. Activision Blizzard President Mike Ybarra has decided to leave the company. The company reorganised its Xbox gaming and marketing leadership in the same month, The Verge had reported.


Source: dna January 26, 2024 05:35 UTC



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