(CNBC) Microsoft will lay off around 1,900 employees in its gaming unit, or around 9% of headcount, according to a Thursday memo obtained by CNBC. Microsoft Gaming CEO Phil Spencer said that the layoffs were part of a larger “execution plan” that would reduce “areas of overlap,” a little more than three months after Microsoft closed on its acquisition of Activision Blizzard.
Microsoft lays off 1,900 workers, nearly 9% of gaming division, after Activision Blizzard acquisition
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