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Microsoft lays off 1,900 Activision Blizzard and Xbox employees
(www.theverge.com)
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this post was submitted on 25 Jan 2024
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There should be some sort of law that hits exec’s options, RSUs and bonuses if their financial for a business division aren’t total trash. Example, eBay, which grew and still laid people off.
That said, this one I kind of get. Mergers and acquisitions create literal redundancies. You end up with duplicates of people and departments.