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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]
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 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 ...
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.
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 ...
Microsoft responded with, "Microsoft respects Activision Blizzard employees' right to choose whether to be represented by a labor organization and we will honor those decisions,". However the response from Activision didn't "failed to respond by the deadline set by the organizing workers, writing that "unfortunately, the parties could not reach ...
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 ...
The company also donated US$250,000 to the Coalition of Epidemic Preparedness Innovations and the WHO COVID-19 Solidarity Response Fund to help fight the pandemic and encouraged the players of the game to do the same. [126] The 2018 digital adaption of Pandemic by Asmodee experienced an increase in sales. [122]