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Microsoft to layoff 1,900 workers. Microsoft announced plans to lay off 1,900 employees at Activision Blizzard and Xbox on Jan. 25.. The layoffs represent about an 8% cut of its video gaming staff ...
Layoffs.fyi, a website that dutifully tracks job cutting, shows that 263,000 tech employees were cut in 2023 alone. Only 11 days into 2024, there have been 24 tech companies that have laid off a ...
The Embracer Group notably announced the cancellation of 29 titles. [27] Microsoft Gaming canceled Odyssey, a game Blizzard Entertainment had worked on for over 6 years and laid off some of the same staff who had worked on Odyssey. [28] Sony canceled a live service game from Naughty Dog and London Studio, resulting in layoffs at both studios.
International Business Machines (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
October 8, 2020 – IBM announced it was spinning off the Managed Infrastructure Services unit of its Global Technology Services division into a new public company, an action expected to be completed by the end of 2021. [231] January 21, 2022 – IBM announced that it would sell Watson Health to the private equity firm Francisco Partners. [232]
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. While IBM wouldn't confirm the layoffs, a spokesperson ...
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 ...
When Initialized Capital announced layoffs last week, social media hummed. But the underlying forces are bigger than any one firm. Initialized Capital’s recent layoffs are part of a much larger ...