A report on Bloomberg (one-week gift link) has word that the rumored new round of layoffs is now underway at Microsoft. Word is: "Microsoft’s Stockholm-based King division, which makes Candy Crush, is cutting 10% of its staff, or about 200 jobs, according to people familiar with the plans. Other European offices, such as ZeniMax, also began informing employees that job cuts were happening, said the people, who asked not to be identified because they were not authorized to speak to the press." Word is this will cost 9,000 employees their jobs:

US units were expected to be told later Wednesday how many jobs would be cut at each office. Microsoft’s gaming division had about 20,000 employees as of January 2024.

Microsoft announced Wednesday morning it’s eliminating 9,000 workers companywide in a second wave of layoffs this year. The cuts will have an impact across teams, geographies and tenure and are made in an effort to streamline processes and reduce layers of management, a company spokesperson said. The terminations follow an earlier round of layoffs in May that hit 6,000 people and fell hardest on product and engineering positions.