Microsoft lays off 1,900 workers from Xbox, Activision Blizzard after $69B deal

Microsoft is laying off around 1,900 employees in its gaming division just weeks after completing its $69 billion acquisition of video game giant Activision Blizzard.Phil Spencer, the CEO of Microsoft Gaming, circulated a memo to employees saying that the layoffs, which amount to around 8% of the division, will affect staffers at Xbox, Activision Blizzard and ZeniMax.The memo was first obtained by the news site The Verge.Spencer wrote in his memo that he and his team have “identified areas of overlap” sinc ...