Microsoft Announces Layoffs in its Affiliated Companies, Including Activision Blizzard, Xbox, and Zenimax

Microsoft has recently made an announcement stating that it will be laying off more than 1,900 employees from its affiliated companies, such as Activision Blizzard, Xbox, and Zenimax. This decision is a part of the company’s restructuring efforts to adapt to the current market conditions.

In addition to the workforce reduction, the President of Activision Blizzard, Mike Ybarra, and the Chief Design Officer, Allen Adham, will also be among those affected by the layoffs. The replacement for Mike Ybarra is expected to be announced next week, on January 28, 2024.

These layoffs account for approximately 8.6% of Microsoft’s total workforce, which currently stands at 22,000 employees. As Microsoft has acquired several companies in recent years, the layoffs will primarily impact the employees of these affiliated firms.

According to Phil Spencer, the CEO of Microsoft, the entire layoff process will be conducted with care and in compliance with relevant severance laws.

In addition to the layoffs, Microsoft has also decided to cancel the development of a survival game that was being worked on by Blizzard studio. However, some employees will be reassigned to other projects within the company.

The changes happening at Microsoft have caught many people by surprise and will undoubtedly have a negative impact on the lives of those affected by the layoffs. Microsoft intends to take further steps to enhance its efficiency and adapt to the rapidly evolving market.

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The source of the article is from the blog crasel.tk