Microsoft Cuts 1,900 Jobs in Gaming Division Three Months After Activision Blizzard Acquisition
Microsoft has announced a significant reduction in its workforce, laying off approximately 1,900 employees in its gaming division. This move comes just over three months after the tech giant’s $69 million acquisition of video game maker Activision Blizzard.
The internal company memo, obtained by The Associated Press on Thursday, reveals that the job cuts amount to an 8% reduction of Microsoft’s 22,000-person gaming workforce. Impacted employees were from various teams including Activision Blizzard, Xbox, and ZeniMax — all under Microsoft’s umbrella.
Phil Spencer, CEO of Microsoft Gaming, commented in the memo, “As we move forward in 2024, we are committed to aligning on a strategy and execution plan with a sustainable cost structure to support our growing business.”
Blizzard President Mike Ybarra also announced his departure from the company on Thursday on X.
