Microsoft cuts more jobs from gaming unit

By Agence France-Presse

Sep 14, 2024 12:13 am

SAN FRANCISCO, California — Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of 'Call of Duty' maker Activision Blizzard.

The elimination of mostly corporate and support roles across Microsoft Gaming is intended to 'organize our business for long-term success' in the aftermath of the $69-billion acquisition, unit chief Phil Spencer told employees in a memo viewed by Agence France-Presse (AFP).

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China to approve more help for weak economy

US jobless claims tick up by 3,000

Boeing to repay strikers, but will cut workforce

Nissan to lay off workers, lowers forecast

Singapore's banks flag better loan growth

Amazon mulls new investment in Anthropic

HK central bank cuts interest rate after Fed move, banks follow