Page values for "News/Microsoft to Lay off 650 Employees"

From TwogPedia
News/Microsoft to Lay off 650 Employees

"_pageData" values

1 row is stored for this page
FieldField typeValue
_modificationDateDatetime2024-09-12 5:28:44 PM
_pageIDInteger7,756
_pageNamePageMicrosoft to Lay off 650 Employees
_pageTitleString

News/Microsoft to Lay off 650 Employees

_pageNamespaceInteger0

"News" values

1 row is stored for this page
FieldField typeAllowed valuesValue
imageFile
Microsoft.png
image_altString
tagsList of String, delimiter: ,Microsoft
targetsList of Page, delimiter: ,
dateDatetime2024-09-12 4:51:49 PM
authorPageDante Uzel
categoryList of String, delimiter: ,Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · MoreBusiness
gameList of String, delimiter: ,Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift
contentText[[Companies/Microsoft|Microsoft]] is laying off 650 employees from its gaming division, according to a memo from Xbox chief Phil Spencer dated September 12. The layoffs primarily impact corporate and support roles and are intended to position the company for long-term success. Spencer emphasized that no games, devices, experiences, or studios will be affected by these cuts. This latest round of layoffs brings the total number of staff reductions in Microsoft’s gaming division to 2,550 since the company’s $69 billion acquisition of Activision Blizzard in 2023. Earlier this year, Microsoft reduced its gaming workforce by 1,900, leading to the closure of Hi-Fi Rush developer Tango Gameworks and Redfall developer Arkane Austin. '''More:'''[[News/Mother Games Secures $5m|Mother Games Secures $5m]] The layoffs are part of ongoing adjustments following the Activision Blizzard acquisition and reflect broader challenges within the video game industry. Phil Spencer stated '''"For the past year, our goal has been to minimize disruption while welcoming new teams and enabling them to do their best work. As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across Microsoft Gaming — mostly corporate and supporting functions — to organize our business for long term success. I know that this is difficult news to hear. We are deeply grateful for the contributions of our colleagues who are learning they are impacted. In the U.S., we’re supporting them with exit packages that include severance, extended healthcare, and outplacement services to help with their transition; outside the U.S. packages will differ according to location."'''

"NewsSources" values

1 row is stored for this page
FieldField typeValue
sourcePageVariety
urlStringhttps://variety.com/2024/gaming/news/microsoft-gaming-layoffs-650-employees-1236141947/