Despite being less than a month into 2024, thousands of video game industry workers have already lost their jobs. Now Microsoft is joining the depressing trend as it plans to lay off 1,900 employees across Activision Blizzard and Xbox this week—despite just becoming the second company ever to hit a $3 trillion valuation.

Most of the layoffs, which make up about 8% of Microsoft’s gaming division of 22,000 employees on the whole, will occur within its Activision Blizzard division—which the tech giant finally acquired for $69 billion after a lengthy regulatory battle three months ago.

Blizzard’s upcoming survival game has now been reportedly canceled, and Blizzard President Mike Ybarra and Chief Design Officer Allen Adham are among the executives leaving the company.

But Blizzard apparently still has other games in development, and those remaining who were assigned to the now-dead game will be moved to other departments.

In an internal Go to Source to See Full Article
Author: Kate Irwin

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details