Microsoft Gaming to Lay Off 3% of Global Workforce, About 650 Employees, in Additional Post-Activision Blizzard Cuts
Microsoft Gaming will lay off approximately 650 employees, or 3% of the Xbox owner’s global workforce, in a new round of eliminations following last year’s completion of its $69 billion Activision Blizzard acquisition. The cuts will primarily impact staffers in “corporate and supporting functions,” per Microsoft Gaming CEO Phil Spencer .