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Some 7,800 employees have been let go across companies ranging from Microsoft and Sony to Unity and Riot , according to the site Game Industry Layoffs, which tracks public layoff announcements.
While Microsoft’s layoffs will result in a $1.2 billion charge, equal to about $ -0.12 per share, Ives says the move was prudent. “I view it as a proactive, smart move that we’re going to ...
In the memo, Microsoft Gaming CEO Phil Spencer said that the layoffs were intended to minimize “areas of overlap.” NBC News has not reviewed the memo. In the memo, which was shared in full by ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
A WARN notice filed on May 7 details layoffs from Austin-based gaming company Arkane Studios where 96 employees no longer have jobs.. The company, which is owned by tech and gaming giant Microsoft ...
Full map including municipalities State, territorial, tribal, and local governments responded to the COVID-19 pandemic in the United States with various declarations of emergency , closure of schools and public meeting places, lockdowns , and other restrictions intended to slow the progression of the virus.
Microsoft is making even more cuts to the staff roster of its Xbox gaming division.. The company on Thursday announced plans to lay off 650 employees, which will bring the total number of job ...
The timeline of the COVID-19 pandemic lists the articles containing the chronology and epidemiology of SARS-CoV-2, [1] the virus that causes the coronavirus disease 2019 and is responsible for the COVID-19 pandemic. The first human cases of COVID-19 occurred in Wuhan, People's Republic of China, on or about 17 November 2019. [2]