Microsoft is to lay off 1,900 gaming employees this week, mostly at the recently acquired business Activision Blizzard.
As first reported in the Verge, the tech giant - which crossed the $3 trillion barrier in market cap earlier this week - is planning to cut around 8% of its 22,000-strong gaming workforce. Most of the reductions will be at Activision Blizzard, which Microsoft acquired late last year in a massive $68.7 billion deal following a contentious competition probe. However, some of the cuts will be at Xbox and Zenimax. A Microsoft spokesperson later confirmed details of the cuts to the Standard.
