Key Points
The tech industry has faced significant challenges, including a difficult economy, the COVID-19 pandemic, and business missteps, resulting in. that increased in 2023 and seem to be accelerating in 2024..
In the memo, Spencer stated that Microsoft Gaming and Activision Blizzard's leadership are working together to align on a strategy and execution plan with a sustainable cost structure that will support the company's growing business...
Blizzard's previously announced survival game has been cancelled as part of these changes. Microsoft will shift some of the people working on it to one of several promising new projects Blizzard has in the early stages of development.. eBay announces second round of job cuts; 1,000 roles to be eliminated..
This will be the second round of layoffs for the Bengaluru-based company, which had previously let go of 380 employees in January 2023 and shut down its meat marketplace to cut costs..
TikTok has decided to lay off a number of employees from its advertising and sales division, joining the ranks of several other technology companies who have also cut down on jobs at the start of the new year..
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