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2,500 Employees Laid Off by Microsoft After $69 Billion Activision Blizzard Purchase

  • Microsoft has laid off approximately 2,500 employees following its $69 billion acquisition of Activision Blizzard.
  • Layoffs primarily affected the gaming division, with 1,900 employees cut during Q3 and an additional 650 jobs eliminated later.
  • Despite the layoffs, Microsoft's head of gaming affirmed the company's commitment to the Xbox division and plans to diversify into mobile and cloud-based gaming sectors.
  • The layoffs have raised concerns about Microsoft's priorities and treatment of its workforce, as the company aims for aggressive growth and expansion.

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