#activisionblizzard

Xbox cut 3,200 jobs and divested five studios this week. Some are calling it bad luck, but it's not really— it's the bill for five years of buying studios it couldn't fund, cancelling exclusives, and giving away the ones that worked. And it just handed Sony a blank check on ending discs too. https://blog.ppb1701.com/xbox-didnt-get-unlucky-it-got-managed-this-way #xbox #gaming #microsoft #layoffs #gamepass #activisionblizzard #sony #playstation #digitalownership #bigtech #insertcoin #userhostile #blog

Irish Independent : Independent | LinkedIn planning to cut 5pc of staff as tech industry layoffs continue AI generated summary, Read the full article for complete information. LinkedIn, the Microsoft‑owned professional networking site that employs over 2,000 people in Ireland, is preparing to cut roughly 5 % of its Irish staff as part of a re‑organisation aimed at focusing resources on faster‑growing business areas, according to Reuters. The layoffs are not linked to AI‑driven job displacement, and come despite a 12 % revenue increase in the latest quarter. The move follows a wave of tech‑sector cutbacks across companies such as Coinbase, Meta, Amazon and PayPal, and follows LinkedIn’s recent opening of a new EMEA headquarters in Dublin and Microsoft’s broader voluntary redundancy programmes in its Irish operations. Read more: https://www.independent.ie/business/technology/linkedin-planning-to-cut-5pc-of-staff-as-tech-industry-layoffs-continue/a1847374163.html #LinkedIn #Microsoft #Coinbase #Meta #Amazon #Oracle #Covalent #PayPal #ActivisionBlizzard #