World’s most valuable company announces job cuts  ...News

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World’s most valuable company announces job cuts 
source : Russia Today ( News ) () 14
Microsoft will lay off 8% of the workers at its gaming unit Microsoft is cutting around 1,900 employees in its gaming unit Activision Blizzard and Xbox this week, CNBC reported on Thursday, citing an internal memo from Microsoft Gaming CEO Phil Spencer.   The layoffs, which will eliminate around 8% of Microsoft Gaming’s 22,000 staff, are part of a larger “execution plan” that will reduce “areas of overlap,” shortly after the US software giant closed on its purchase of Activision Blizzard, its largest ever acquisition, the head of the company’s gaming division said.   “It’s been a little over three months since the

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