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Microsoft Layoffs

All articles tagged with #microsoft layoffs

gaming8 days ago

Ex-Zenimax Lead Resigns After 'Blackbird' Game Cancellation

Former ZeniMax Online Studios founder Matt Firor confirmed that the cancellation of the highly anticipated game Project Blackbird, which he had waited his entire career to create, led to his resignation. The game, a sci-fi third-person shooter set on an exoplanet, was in development for over seven years and showed promising gameplay, but was abruptly canceled due to Microsoft layoffs related to AI investments. Firor expressed respect for the development team and now enjoys the game as a community member, while former team members are working on new projects.

via Wccftech|
#cancellation#gaming#microsoft-layoffs
business2 months ago

Microsoft layoffs: stories of surprise, relief, and new beginnings

Thousands of Microsoft employees have been laid off over the past year, shattering many's expectations of job security and highlighting a broader shift in corporate America towards cost-cutting and leaner operations, influenced by AI and globalization. Workers are now facing a more uncertain job market, with some turning to side businesses and networks for support and new opportunities.

via Business Insider|
#business#career-transition#economic-impact
business5 months ago

ZeniMax Employees Criticize Microsoft's 'Inhumane' Xbox Layoffs and Uncertain Future

ZeniMax employees criticize Microsoft's recent mass layoffs, describing the process as inhumane and chaotic, with significant emotional and practical impacts on staff, despite Microsoft's public messaging of success and growth. Union support has helped mitigate some effects, but morale remains low amid ongoing industry layoffs.

via Eurogamer|
#business#employee-impact#microsoft-layoffs
technology6 months ago

Wisconsin Game Developer Faces Layoffs Amid Microsoft Cuts

Microsoft's recent layoffs in its gaming division, including at Raven Software in Wisconsin, reflect ongoing industry turmoil despite strong game sales, with broader industry layoffs and restructuring influenced by factors like AI integration and market saturation. Meanwhile, Wisconsin aims to capitalize on the industry with new legislation and local development efforts.

via WPR|
#gaming-sector-restructuring#microsoft-layoffs#raven-software
technology6 months ago

ZeniMax Devs Decry Loss of Future Amid Xbox MMO Cancellation

Microsoft is set to lay off most of the 222 employees at ZeniMax Online Studios who worked on the canceled MMORPG Blackbird, with negotiations ongoing for severance packages. The project, in development since 2018 and highly regarded by Microsoft CEO Phil Spencer, was abruptly shelved, leading to significant job losses and community disappointment. Union efforts aim to support affected workers through severance and dignity in departure, amid broader concerns about layoffs within Microsoft and Xbox.

via Windows Central|
#blackbird-project#game-development#microsoft-layoffs
business6 months ago

Microsoft's Layoffs Impact WA State and the Gaming Industry

Microsoft announced approximately 9,000 layoffs globally, with around 830 affecting Washington state, primarily in Bellevue and Redmond, as part of organizational restructuring amid increased AI investments. The layoffs are expected to have localized economic effects, especially on high-wage jobs, but are unlikely to significantly impact the broader state economy. Meanwhile, Microsoft is also investing heavily in AI, aiming to position Washington as a leader in the sector.

via The Olympian|
#ai-investment#business#economic-impact
technology6 months ago

Xbox Game Pass Faces Scrutiny Amid Industry Concerns and Layoffs

Following significant layoffs at Microsoft, questions have arisen about the financial health of Xbox Game Pass, with debates over its profitability and impact on retail game sales. While Microsoft claims Game Pass is profitable, some industry insiders suggest it may not fully account for lost sales from first-party titles, raising concerns about its long-term sustainability and effects on the gaming ecosystem. The service's future remains uncertain, balancing consumer benefits with potential risks to the broader industry.

via Windows Central|
#cannibalization#gaming-industry#microsoft-layoffs
technology6 months ago

Microsoft and Xbox Execs Suggest AI as Coping Tool for Laid-Off Employees

Microsoft announced layoffs affecting less than 4% of its workforce amid a broader tech industry trend of layoffs and increased AI investment, prompting controversial advice from an executive on using AI tools for job transition support, which was criticized as tone-deaf. The job market is facing challenges with longer unemployment durations and increased AI use in hiring and layoffs, raising concerns about job security and the human element in employment decisions.

via TheStreet|
#ai-in-hiring#ai-job-market#layoff-advice