… They base this claim on their own experiences being ousted by the company under potentially retaliatory circumstances. They urge current employees to document their experiences at the company and contact their HR partners. …
… The company has laid off 1,600 workers immediately with more cuts to follow. …
… Hardware continues to get more expensive, developers continue to get laid off in masse, and company executives continue to invest billions in the promise of generative AI. …
… Yesterday's job cuts marked the fifth major round of layoffs announced by Microsoft since the company acquired Activision Blizzard in 2023 for almost $70 billion. …
… CEO Asha Sharma has already warned Microsoft's investors that the shortage could force the company to rethink its approach to its next generation console, called Project Helix. …
… The company is accused of engaging in "coercive actions" and making "unilateral changes" to employee contracts. …
… The company said the offer includes $20 billion in debt financing, but GameStop CEO Ryan Cohen crashed and burned when pressed by CNBC for more information as to how the company will actually finance the deal. …
… He did add Xbox wouldn't do anything "unnatural," and that the company wants to build "great games and great hardware," but that the company has to do it in an "economically sustainable way." Xbox faces many challenges of Microsoft's making Other details from The Information and Nadella's comments … …
… The company said the AI chatbot would allow players to ask for help on a number of Xbox platforms, including the Xbox mobile app and ROG Xbox Ally handheld. …
… The company explained 1,600 people are being laid off immediately, with another 1,600 cuts to follow before the end of the current fiscal year in June 2027. …