Microsoft Restructures Gaming Division, Leading to 1,900 Job Cuts

The News: Microsoft lays off 1,900 employees in its gaming division. Decision follows Activision Blizzard acquisition and aims to optimize costs. Cuts to affect mainly Activision Blizzard, with smaller impacts on Xbox and ZeniMax. Blizzard President Mike Ybarra steps down. Microsoft pledges support to departing employees. Layoffs raise concerns about industry trends and project development. … Read more