Microsoft cuts 1,900 jobs in its video game division
Microsoft said Thursday it will eliminate 1,900 roles in its video game division, including Activision Blizzard, which it acquired three months ago for $69 billion.
There will be job cuts at video game giant Activision, which makes hit games like Call of Duty and Guitar Hero as well as Xbox, according to a staff memo from Microsoft gaming chief Phil Spencer. new York Times.
The cuts will reduce Microsoft's video game team of 22,000 people by about 9 percent.
“Looking forward, we will continue to invest in areas that will grow our business and support our strategy of bringing more games to more players around the world,” Mr. Spencer said in the memo.
Microsoft, which is fiercely competing with Apple as the world's largest public company, completed the acquisition of Activision Blizzard in October after a year of regulatory hurdles.
Mike Ybarra, head of Activision Blizzard, also announced Thursday will be his last day at the company on social media platform X.
Mr. Ybarra wrote, “Having already spent 20+ years at Microsoft and with the Activision Blizzard acquisition behind us, it is time for me to (once again) become Blizzard's biggest fan.”
Microsoft did not immediately respond to a request for comment.