Microsoft fired over 2500 employees from gaming division after Activision Blizzard acquisition

Tech giant Microsoft has again announced layoffs. The company has decided to reduce 650 employees from the workforce. This layoff has been done specifically for the gaming division. Even in the gaming division, only corporate and support roles will be affected by this. Even before this, Microsoft has laid off employees from the gaming division. Overall, till now more than 2.5 thousand employees have been laid off from this division.

Layoffs of employees in tech companies are not stopping. Microsoft has again shown the way out to 650 employees. Xbox Chief Phil Spencer gave this information through a memo (via) Gave. The company says it is restructuring its gaming business. This period of change has been going on since the company acquired Activision Blizzard last year.

Phil Spencer clarified that due to these layoffs, no game, device or studio is being closed or canceled. Rather, the company is trying to organize the business in a better way. According to the Chief, this step will support the company’s game studios and business units and these business units will be able to work with greater capacity.

Microsoft will buy Activision Blizzard in 2023 for $69 billion. After that, at the beginning of this year, the company laid off 1900 employees. Now 650 more employees have been laid off. After which 2550 employees have been fired from Microsoft so far this year. If reports are to be believed, the company’s gaming revenue has increased after taking over Activision Blizzard. But Xbox’s other businesses are struggling. Xbox hardware sales have declined.