Microsoft Lays Off 1900 Activision Blizzard Employees [Jan 25, 2024, 12:59 pm ET] – 26 Comments
CNBC has the news that Microsoft has laid off 1900 workers from Activision
Blizzard, barely three months its
acquisition of the company
closed. The cuts represent about 9% of the 22,000 global employees of
Microsoft Gaming, and include
Mike Ybarra,
who's served as president of Blizzard for the past two years. Mergers
and acquisitions often provoke cuts, and the game industry is amid a bloodbath
to start with, leading to this shocking number of lost jobs. Here's word:
Microsoft Gaming CEO Phil Spencer said that the layoffs were part of a larger “execution plan” that would reduce “areas of overlap,” a little more than three months after Microsoft closed on its acquisition of Activision Blizzard.
Former Blizzard president Mike Ybarra said Thursday on social media platform X he would be leaving Microsoft and Blizzard.
Spencer said Microsoft would provide “full support” including location-dependent severance to all employees.
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