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A little over three months after Microsoft closed its acquisition of Activision Blizzard, the tech giant is slashing the ranks of its gaming division. Microsoft Gaming CEO Phil Spencer announced ...
A new fad in the video game industry, metaverse, once led many investors and companies to believe that it was the future of the gaming industry. [59] [60] [61] Companies like Meta and Microsoft have made significant investments in this space. [62] The Metaverse has encountered challenges impacting investor expectations. [63]
Attorney Lisa Bloom, representing a female Activision Blizzard employee who claimed she was fired for whistleblowing in regards to the workplace misconduct, claimed that the $18 million fund the company had set up was too low, and demanded the company increase that to $100 million with victims of the workplace harassment having stronger ...
In early December 2021, a subsidiary of Activision Blizzard based in Wisconsin that supports the Call of Duty series, Raven Software, fired 12 quality assurance workers—about a third of the team. The employees had just completed a five-week, end-of-year "crunch" overtime period and the team had been promised pay restructuring for higher ...
Microsoft will lay off roughly 1,900 people in its gaming division, according to a company memo seen by CNBC.The cuts come in conjunction with Blizzard president Mike Ybarra announcing he would ...
The firings came in the wake of a mass employee walkout, lawsuit, and SEC investigation over an alleged pervasive culture of gender bias. Activision Blizzard fired 20 employees for 'patterns' of ...
Microsoft Gaming will lay off approximately 650 employees, or 3% of the Xbox owner’s global workforce, in a new round of eliminations following last year’s completion of its $69 billion ...
Blizzard Entertainment, Inc. is an American video game developer and publisher based in Irvine, California, and a subsidiary of Activision Blizzard.Originally founded in 1991, the company is best known for producing the highly influential massively multiplayer online role-playing game World of Warcraft (2004), as well as the multi-million selling video game franchises Diablo, StarCraft and ...