Tag Activision

Microsoft is laying off around 1,900 employees from their gaming workforce, including staff from Activision Blizzard and Xbox. The decision is part of an effort to align strategies and create a sustainable cost structure for the growing business. President of Blizzard Entertainment, Mike Ybarra, also announced his departure from the company.

The blog post discusses the upcoming departure of Bobby Kotick, CEO of Activision Blizzard, as he bids farewell to the company after 32 years of leadership. The post includes messages from Bobby Kotick and Phil Spencer, highlighting the achievements of Activision Blizzard and the organizational changes that will take place under Microsoft Gaming's ownership.

Activision Blizzard reflects on their achievements in 2023, including the release of new games, milestones, and joining forces with Team Xbox. The blog post highlights the successes of Activision Publishing and Blizzard Entertainment, as well as their commitment to diversity and inclusion.

The United Kingdom's Competition and Markets Authority has given preliminary approval to the merger between Microsoft and Activision Blizzard. The restructured deal, which involves transferring cloud gaming rights to Ubisoft, addresses concerns about competition in the market. The CMA will now consult on residual concerns before making a final decision.