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EMPLOYEE LAYOFFS IN GAMING
Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
Microsoft layoffs: Xbox veteran Kevin LaChapelle never posted on LinkedIn for 37 years; used his first post to announce he was laid offMicrosoft layoffs 2026: Kevin LaChapelle departed Microsoft after thirty-seven years of dedicated service. He was among approximately sixte...
Microsoft layoffs in July: Who is Asha Sharma? Meet the Xbox CEO who surprised fans with free consoles and is now at the center of Microsoft's layoff stormMicrosoft Xbox layoffs: Xbox CEO Asha Sharma is under the spotlight after Microsoft announced significant workforce reductions. Asha Sharma...
Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a declineXbox will eliminate roughly 3,200 roles over FY27, with about 1,600 cuts effective immediately. Four studios — Compulsion Games, Double Fin...
Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...
Microsoft cuts 4,800 jobs as it revamps XboxMicrosoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that wil...
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
YouTube earns more from Xbox games than Microsoft: CEO Satya NadellaMicrosoft CEO Satya Nadella said that YouTube generates more revenue from Xbox games than Microsoft itself, highlighting a struggle to mone...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Everyone talks about layoffs; few talk about the survivors: 25-year tech veteran lifts the lid on a silent struggle inside Big TechA former Big Tech software engineer with 25 years of experience has gone viral after sharing how surviving mass layoffs pushed him into sev...
Epic Games lays off over 1,000 employees; CEO Tim Sweeney cites drop in Fortnite usageEpic Games Layoffs: The layoffs come in the background of a sharp fall in usage of its flagship game, Fortnite. Chief executive Tim Sweeney...
Microsoft layoffs 2025: This division may be hit next week after 6,000 already laid off in MayThe company is reportedly planning substantial job cuts in its Xbox gaming division, along with other areas like sales and distribution, es...
From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
Over 9,000 employees fired by video gaming firms in 2023The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally.