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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
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Microsoft to Lay Off 1,900 Staff at Gaming Division, Including Recently Acquired Call of Duty Maker Activision
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.
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Microsoft To Lay Off 1,900 People After Activision Gaming Buyout
Microsoft is laying off 1,900 people, or eight percent of staff, from its gaming division as it consolidates the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
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Bungie Becomes the Latest PlayStation Studio to Lay Off Workers, Destiny 2 The Final Shape Delayed
Destiny 2 creator Bungie has been hit with layoffs, as part of restructuring with Sony Interactive Entertainment. An official number for the downsizing hasn’t been revealed yet, but it appears that the communications, social media, and publishing departments were affected the most. Additionally, Bungie has delayed the upcoming Destiny 2: The Fina...
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Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members
Microsoft has reportedly shut down its Airsim and Bonsai projects, both of which were part of its industrial metaverse development division. The members that were part of these respective teams were asked to join a virtual meeting earlier this week, where the software giant disclosed that they were being laid off. The software giant is looking to k...
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Google Parent Alphabet Lays Off Hundreds From Global Recruitment Team
Alphabet is the first "Big Tech" company to lay off employees this quarter, after peers like Meta, Microsoft and Amazon.
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"My Heart Goes Out To...": Meta Employee Writes Heartfelt Note On Getting Sacked
An ex-Meta employee just posted on LinkedIn about his experience working there for 8 years.
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Microsoft-Owned GitHub Lays Off 142 Workers in India as Part of Reorganisation Plan
Microsoft-owned GitHub has laid off 142 people in India, including the entire staff in its engineering division, people aware of the development said on Tuesday.
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Meta to Lay Off Thousands of Workers This Week in Fresh Round of Job Cuts to Meet Financial Targets: Report
Meta Platforms will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.
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Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
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Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
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PayPal Will Lay Off 2,000 Employees to Cut Costs Amid Ongoing Economic Slowdown
PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
-
Microsoft to Lay Off 1,900 Staff at Gaming Division, Including Recently Acquired Call of Duty Maker Activision
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.
-
Microsoft To Lay Off 1,900 People After Activision Gaming Buyout
Microsoft is laying off 1,900 people, or eight percent of staff, from its gaming division as it consolidates the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
-
Bungie Becomes the Latest PlayStation Studio to Lay Off Workers, Destiny 2 The Final Shape Delayed
Destiny 2 creator Bungie has been hit with layoffs, as part of restructuring with Sony Interactive Entertainment. An official number for the downsizing hasn’t been revealed yet, but it appears that the communications, social media, and publishing departments were affected the most. Additionally, Bungie has delayed the upcoming Destiny 2: The Fina...
-
Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members
Microsoft has reportedly shut down its Airsim and Bonsai projects, both of which were part of its industrial metaverse development division. The members that were part of these respective teams were asked to join a virtual meeting earlier this week, where the software giant disclosed that they were being laid off. The software giant is looking to k...
-
Google Parent Alphabet Lays Off Hundreds From Global Recruitment Team
Alphabet is the first "Big Tech" company to lay off employees this quarter, after peers like Meta, Microsoft and Amazon.
-
"My Heart Goes Out To...": Meta Employee Writes Heartfelt Note On Getting Sacked
An ex-Meta employee just posted on LinkedIn about his experience working there for 8 years.
-
Microsoft-Owned GitHub Lays Off 142 Workers in India as Part of Reorganisation Plan
Microsoft-owned GitHub has laid off 142 people in India, including the entire staff in its engineering division, people aware of the development said on Tuesday.
-
Meta to Lay Off Thousands of Workers This Week in Fresh Round of Job Cuts to Meet Financial Targets: Report
Meta Platforms will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.
-
Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
-
Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
-
Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
-
Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
-
PayPal Will Lay Off 2,000 Employees to Cut Costs Amid Ongoing Economic Slowdown
PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.
