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Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard
The U.S. Federal Trade Commission lost a court fight to block the acquisition but its antitrust enforcers are still pursuing a case that seeks to unwind the deal. The latest layoffs at Microsoft follow a chain of job cuts across the tech sector in recent weeks — including those at Google, Riot Games, TikTok, eBay and Amazon. In an unusual arrangement for the gaming industry, Microsoft has pledged to stay neutral if Activision Blizzard workers in the U.S. and Canada seek to organize into a labor union.
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