Gabriel Budi Sutrisno · · 1 min readMicrosoft slashes 1,900 roles in gaming business
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Microsoft is cutting around 1,900 jobs in its gaming division, according to a letter sent to staff by Microsoft Gaming CEO Phil Spencer.
There were previously 22,000 roles in Microsoft’s gaming vertical, which means the job cuts affect 8.6% of the team. This comes over three months after the tech giant acquired American video game company Activision Blizzard for US$69 billion.
“As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy and an execution plan with a sustainable cost structure that will support the whole of our growing business,” the letter said.
Microsoft said it will provide full support to employees affected by the layoffs, including severance packages.
Concurrently, Mike Ybarra, president of Blizzard Entertainment – a subsidiary of Activision Blizzard – announced that he is resigning after more than two decades with Microsoft. Allen Adham, co-founder of Blizzard Entertainment, is also leaving his role as senior vice president of Blizzard Entertainment.
Activision Blizzard is the creator and publisher of popular games such as Call of Duty and Diablo.
See also: One Singapore VC firm’s unique approach to finding next gaming goldmine
Editing by Miguel Cordon and Lorenzo Kyle Subido
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