Activision Blizzard to Lay Off 400 Employees in California
The layoffs at Irvine, Santa Monica, and Playa Vista locations are part of Microsoft's cost-cutting measures following its acquisition of the gaming giant.
- Activision Blizzard will lay off 400 employees across its Irvine, Santa Monica, and Playa Vista locations starting in October.
- The layoffs are part of Microsoft’s strategy to cut 3% of its global gaming workforce, or 650 positions, after acquiring Activision Blizzard last year.
- Positions being eliminated include roles in corporate, supporting functions, and some gaming teams, such as software engineers, game designers, and human resources staff.
- State filings indicate that the layoffs will be completed by the end of the year, with the first wave starting on October 11.
- The acquisition of Activision Blizzard by Microsoft for $69 billion was the largest in video game history and faced significant regulatory scrutiny.