FTC to Sue Microsoft Following Lay offs
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News/FTC to Sue Microsoft Following Lay offs
Drama
08 February 2024 14:07
The Federal Trade Commission has claimed that Microsoft deviated from its position during its acquisition of Activision Blizzard by laying off 1,900 employees from its games division in January.
FTC lawyer Imad Abyad argued in a letter submitted to the U.S. Court of Appeals for the Ninth Circuit on Wednesday that Microsoft had initially stated its intention for the acquisition of Activision to result in it "operating as a limited-integration studio." However, Abyad contended that the layoffs affecting Activision employees contradict this assertion
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Drama
08 February 2024 14:07
The Federal Trade Commission has claimed that Microsoft deviated from its position during its acquisition of Activision Blizzard by laying off 1,900 employees from its games division in January.
FTC lawyer Imad Abyad argued in a letter submitted to the U.S. Court of Appeals for the Ninth Circuit on Wednesday that Microsoft had initially stated its intention for the acquisition of Activision to result in it "operating as a limited-integration studio." However, Abyad contended that the layoffs affecting Activision employees contradict this assertion
Microsoft agrees to a $250 million settlement. The Swedish pension fund Sjunde AP-Fonden filed the suit back in 2022, arguing...
Drama
May 27, 2026
Matthew Ball joins Xbox at a time when Microsoft needs a new direction. Industry's most-cited independent voice will take the...
Hires
May 22, 2026
TL;DR * Microsoft Gaming is reverting to the Xbox brand under new CEO Asha Sharma and CCO Matt Booty, who...
Business
Apr 27, 2026
TL;DR * Xbox has reduced Game Pass Ultimate from $29.99 to $22.99 per month and PC Game Pass from $16.49...
Business
Apr 22, 2026
TL;DR * Phil Spencer is stepping down as CEO of Microsoft Gaming after a career-defining tenure that included the acquisitions...
Hires
Feb 23, 2026