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The gaming industry is facing mass layoffs. ... Some 7,800 employees have been let go across companies ranging from Microsoft ... “There was a huge ramp-up in spending when the COVID-19 pandemic ...
Microsoft announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales.But according to at least one analyst, the layoffs are a proactive move ...
Significant layoffs in the technology sector as a consequence of growth during the COVID-19 pandemic continued into 2024. In January, Unity Technologies laid off 1,800 employees—or a quarter of its workforce, [ 9 ] Amazon 's live streaming service Twitch laid off 500 employees—or 35% of its workforce, [ 10 ] and Google laid off hundreds of ...
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]
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 human resources departments allegedly did not keep reports of sexual harassment confidential, which as a result allowed managers and others to retaliate against employees who reported misconduct, such as by denying them promotions, transferring them to other departments, prioritizing them during company-wide layoffs, or preventing them from ...
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 ...
Microsoft Corp has agreed to pay $14 million to settle a California agency's claims that it illegally penalized workers who took medical or family-care leave, the agency said on Wednesday. The ...