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Microsoft layoff News
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She shared that he had received awards for solving multi-million-dollar technical problems and had mentored hundreds of colleagues—many of whom later moved into leadership roles.
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According to Eurogamer, the layoffs at the gaming studio are much higher than the original estimate of 35 people, which accounted for 30 to 40 percent of its workforce.
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Microsoft completed its $68.7 billion acquisition of Activision Blizzard in October last year, after a long battle with regulators in the UK and the US.
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Tech Giant Microsoft is laying off 1000 employees.
The step came amid the slowdown and weak sales of Windows licenses.
Company had seen slowest growth in the last five years in the first Q1 of this fiscal year.
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The technology giant cut 7,800 jobs in 2015, and 4,700 last year.
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Microsoft is planning layoffs as it refocuses its sales force on making the software colossus a pivotal part of businesses relying on cloud computing, according to media reports.
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Hurt by a failed USD 7.6 billion Nokia experiment amid growing losses in the smartphone hardware business segment, Microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut.
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This is the second wave of cuts after it laid off 13,000 in July, which marked the start of Chief Executive Satya Nadella`s plan to lay off 18,000 people overall.
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