Corporate News
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Microsoft is continuing a series of layoffs, with a further 650 people from its gaming division losing their jobs. This follows the previous retrenchment of 1,900 Activision Blizzard and Xbox employees and closure of several game studios, including Arkane Austin and Tango Gameworks. The company’s gaming head, Phil Spencer, maintains that no games have been…
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Microsoft has reportedly disbanded a key Diversity, Equity, and Inclusion (DEI) team, leading to multiple staff layoffs. The company’s decision to eliminate the team was revealed in an internal email sent by the now-former team leader, who also accused the tech giant of “harassment and toxicity.” This move comes as Microsoft and other major tech…
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In an effort to reallocate resources and priorities, Xbox Game Studios is closing several of its game studios, including Arkane Austin, the Redfall developer, Tango Gameworks, the Hi-Fi Rush developer and Alpha Dog Studios among others. Staff in affected studios will be relocated or, in some cases, the studios will be completely shut down. The…
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Swedish video game titan Embracer is changing its name and splitting into three separate companies, according to a recent announcement. Present Embracer CEO Lars Wingefors will set up a new holding company to be the majority shareholder of all three companies; the name of this new holding entity has not yet been revealed. Wingefors has…
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In the recent news, EA CEO, Andrew Wilson, announced a second round of layoffs for EA staff in less than a year, affecting another 5% of the team. Wilson broke the news after extolling the company’s growth, leading position in the industry, and the shift focus towards “our owned IP, sports, and massive online communities”.…
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The tenure of Bobby Kotick at Activision Blizzard will officially conclude on December 29. Rather than appointing a new successor, key executives from Activision Blizzard will now report to Matt Booty, Microsoft’s game content and studios president. In addition, several other high-ranking Activision Blizzard personnel are set to vacate their positions through March 2024, outcomes…