https://techcrunch.com/2024/01/25/microsoft-lays-off-1900-employees-in-activision-blizzard-and-xbox-divisions/

Three months after completing its $68.7 billion acquisition of gaming company Activision Blizzard, Microsoft is laying off 1,900 employees in its gaming divisions. This amounts to about 8.6% of 22,000 Microsoft employees in gaming. Blizzard president Mike Ybarra also announced he will step down, now that the acquisition is finalized.

“I want to thank everyone who is impacted today for their meaningful contributions to their teams, to Blizzard, and to players’ lives,” Ybarra said on X. “It’s an incredibly hard day and my energy and support will be focused on all those amazing individuals impacted — this is in no way a reflection on your amazing work.”