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Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.
Microsoft is gearing up for another round of layoffs. The $3.1 trillion technology giant will be carefully examining and considering underperforming employees in its upcoming job cuts, two people ...
Microsoft’s layoffs have been among the most high-profile, given the number of people impacted and the company’s prominent standing, but it’s hardly the only gamemaker struggling today.
The Azure for Operators layoffs involved as many as 1,500 job cuts, it added, citing people familiar with the situation. The cuts come after the company shed 1,900 jobs at Activision Blizzard and ...
Microsoft Gaming Studios, including Toys for Bob and Sledgehammer Games, saw staff reductions of over 30%, with most layoffs occurring at Activision Blizzard. [10] On May 7, 2024, Microsoft Gaming closed three studios: Tango Gameworks, Arkane Austin, and Alpha Dog Games, and announced the merger of Roundhouse Studios into ZeniMax Online Studios ...
In October 2014, Microsoft revealed that it was almost done with eliminating 18,000 employees, which was its largest-ever layoff sweep. [235] In July 2015, Microsoft announced another 7,800 job cuts in the next several months. [236] In May 2016, Microsoft announced another 1,850 job cuts mostly in its Nokia mobile phone division.
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 ...
On December 31, 1997, Microsoft acquired Hotmail.com for $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSN group of services. [3] Hotmail, a free webmail service founded in 1996 by Jack Smith and Sabeer Bhatia, [4] had more than 8.5 million subscribers earlier that month. [5]