Microsoft Cuts 1,900 Xbox and Activision Staff in Gaming Crisis

Microsoft Joins the Growing Trend of Layoffs in the Video Game Industry

Despite the new year just beginning, the video game industry has already seen a wave of job cuts, and unfortunately, Microsoft is now adding to this trend. The tech giant announced plans to lay off 1,900 employees across Activision Blizzard and Xbox this week, despite recently reaching an impressive $3 trillion valuation.