Thu. Feb 29th, 2024

Microsoft sheds 1,900 employees ;Activision-Blizzard

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Microsoft announced the acquisition of Activision-Blizzard for a little over 86 billion Canadian dollars in 2023.

Reuters

Microsoft plans to cut around 1,900 positions from its video game subsidiaries Activision-Blizzard and Xbox this week, according to what the specialist site The Verge reported on Thursday, citing an internal memo from the head of the company's games division. company.

The cuts represent about 8% of its entire Microsoft Gaming video game division, but most of the layoffs will hit Activision-Blizzard, the video game giant the company recently purchased in a record deal.

Microsoft did not immediately respond to a Reuters request for comment.

This news follows job cuts at several other major technology companies, including Alphabet, eBay and Amazon. These giants have indicated that the widespread workforce reduction seen in 2023 in these industries will continue in 2024.

Microsoft completed its acquisition of Activision-Blizzard in October for 69 billion US dollars (approximately 86 billion Canadian dollars). It thus strengthened its weight in the video game market with successful titles such as Call of Duty, in order to better compete with Sony and its PlayStation 5 console, the leader in the sector.

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Among the Activision-Blizzard studios in Canada, we include those of Beenox, based in Quebec and Montreal, this having been inaugurated in the fall of 2023.

Beenox did not respond in the #x27;immediately to a request from Radio-Canada.

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