Microsoft Layoff: Microsoft is once again going to do a large number of layoffs. The company will lay off 1900 employees in video-game divisions including Activision Blizzard. Microsoft acquired Activision Blizzard last year for $68 million.
According to Bloomberg, Microsoft's gaming chief Phil Spencer has written an email to his staff in which it has been said that 8 percent of the 22,000 gaming workers working at Microsoft are being laid off. The Verge was the first to reveal this news. Another video game company, Riot Games, has also laid off employees on a large scale.
Phil Spencer wrote in an email, today we have all set priorities together, identified where work overlaps and are ensuring that we all work together to create opportunities for growth. Microsoft is going to make layoffs at Activision Blizzard after it has already acquired three.
In the year 2023 also large scale layoffs were seen in Microsoft. After the crisis in the American economy and the slowdown in the tech sector, Microsoft had decided to lay off 10,000 in January 2023. Microsoft Chairman and CEO Satya Nadella had then announced that a total of 10,000 positions were being eliminated in the company by the third quarter of fiscal year 2023.
Satya Nadella said in his letter that we are going through a period of big change, and as I am meeting customers and partners, some things have become clear. The first is that consumers had sharply increased their spending on digital content during the pandemic, but now they are changing this and want to do more with less. We are also seeing that companies from different sectors around the world are moving very cautiously. This is because recession has occurred in many countries and it is expected to occur in many other countries.
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