Reuters news agency reports that Microsoft (Microsof) has announced the layoffs of 1,900 employees at Activision Blizzard and Microsoft Gaming’s Xbox division, marking the latest in a series of layoffs by a technology company. which continues to lay off employees in recent years
Blizzard Entertainment President Mike Ybarra and Chief Design Officer Allen Adham also announced his resignation from the company
News of this firing The deal comes after Microsoft closed a $69 billion deal. Acquires Activision Blizzard, a popular video game company. This is the largest amount Microsoft has ever spent to acquire a company. To compete even more with gaming industry leaders like Sony.
Major companies, including Alphabet, Amazon.com and eBay, have also laid off thousands of workers in recent weeks. To reduce costs and increase profits According to information from the site Layoffs.fyi, in January this year A total of 76 technology companies laid off more than 21,000 employees.
In the last year 2023 it was found that there were companies in the technology sector. Ordered to lay off a total of 168,032 positions, considered the largest number of layoffs than any other industry.
This is what analysts and industry experts expect. Layoffs this year will probably decrease. Companies compete with each other. develop artificial intelligence, which could lead to staff reductions To balance employee costs and investments in artificial intelligence projects
Source: Reuters
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