Microsoft is set to lay off approximately 1,900 employees from its gaming division, including Activision Blizzard and Xbox, as reported by The Verge.
The decision, confirmed by CEO Phil Spencer, constitutes about 8% of the Microsoft Gaming division, totaling around 22,000 staff. While the primary focus of the layoffs is on Activision Blizzard roles, some Xbox and ZeniMax employees will also be affected.
The move follows the acquisition of Activision, Blizzard, and King by Microsoft three months ago. The company aims to realign its strategy and execution plan to achieve a sustainable cost structure, supporting its growing business.