In the News
Business News: Microsoft to cut 10% of jobs in their gaming division
Geoff Riley
26th January 2024
Microsoft is said to be laying off 1,900 workers, or nearly 9% of its gaming division after closing its $69 billion acquisition of "Call of Duty" maker Activision Blizzard. Job losses following multi-billion dollar acquisitions are common as the enlarge business looks to control and cut fixed costs.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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