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While Microsoft’s layoffs will result in a $1.2 billion charge, equal to about $ -0.12 per share, Ives says the move was prudent. “I view it as a proactive, smart move that we’re going to ...
Microsoft is making even more cuts to the staff roster of its Xbox gaming division.. The company on Thursday announced plans to lay off 650 employees, which will bring the total number of job ...
Microsoft will lay off roughly 1,900 people in its gaming division, according to a company memo seen by CNBC.The cuts come in conjunction with Blizzard president Mike Ybarra announcing he would ...
Microsoft Gaming Studios, including Toys for Bob and Sledgehammer Games, saw staff reductions of over 30%, with most layoffs occurring at Activision Blizzard. [10] On May 7, 2024, Microsoft Gaming closed three studios: Tango Gameworks, Arkane Austin, and Alpha Dog Games, and announced the merger of Roundhouse Studios into ZeniMax Online Studios ...
Unity Technologies, Twitch, and Discord separately announced layoffs affecting 1,800, 500, and 170 jobs, respectively. [14] [15] [16] 22 Riot Games laid off about 530 staff. [17] 25 Microsoft Gaming laid off 1,900 staff, and the President of Blizzard Entertainment, Mike Ybarra, left the company. [18] 29
Alex Shin, head of operations at TeamBlind, ran a branding campaign in 2016 for the Blind social media app by referring to it as "Mini-Microsoft 2.0". Shin credited this campaign with the increase in Microsoft employees' presence on Blind, an anonymous social media app for discussion of employee concerns, from 1,000 employees to over 10,000. [20]
The news comes months after Microsoft closed its $69 billion deal for Activision Blizzard, boosting its heft in the videogaming market with best-selling titles, including "Call of Duty", to better.
Xbox Game Studios (previously known as Microsoft Studios, Microsoft Game Studios, and Microsoft Games) is an American video game publisher based in Redmond, Washington. It was established in March 2000, spun out from an internal Games Group, for the development and publishing of video games for Microsoft Windows .