The video game industry has already experienced a tough start to 2024, with Microsoft announcing a significant round of layoffs affecting approximately 1,900 workers in its gaming division. This includes employees from Xbox, Activision Blizzard, and ZeniMax (Bethesda). The total number of layoffs in the video game industry this year has already reached around 6,000, following an estimated 9,000 in 2023.
Microsoft Gaming CEO Phil Spencer emphasized the commitment to developing a sustainable cost structure to support the company’s growth. The leadership is focused on aligning strategies and execution plans to identify opportunities for growth and minimize overlap.
2024-01-25 16:00:47
Article from www.engadget.com