FTC to Sue Microsoft Following Lay offs
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News/FTC to Sue Microsoft Following Lay offs
Drama
08 February 2024 14:07
The Federal Trade Commission has claimed that Microsoft deviated from its position during its acquisition of Activision Blizzard by laying off 1,900 employees from its games division in January.
FTC lawyer Imad Abyad argued in a letter submitted to the U.S. Court of Appeals for the Ninth Circuit on Wednesday that Microsoft had initially stated its intention for the acquisition of Activision to result in it "operating as a limited-integration studio." However, Abyad contended that the layoffs affecting Activision employees contradict this assertion
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Drama
08 February 2024 14:07
The Federal Trade Commission has claimed that Microsoft deviated from its position during its acquisition of Activision Blizzard by laying off 1,900 employees from its games division in January.
FTC lawyer Imad Abyad argued in a letter submitted to the U.S. Court of Appeals for the Ninth Circuit on Wednesday that Microsoft had initially stated its intention for the acquisition of Activision to result in it "operating as a limited-integration studio." However, Abyad contended that the layoffs affecting Activision employees contradict this assertion
TL;DR * Phil Spencer is stepping down as CEO of Microsoft Gaming after a career-defining tenure that included the acquisitions...
Hires
Feb 23, 2026
TL;DR * Xbox games revenue down 9% to $623M in Q2 FY2026. * Hardware sales plunge 32% due to fewer...
Business
Jan 30, 2026
In a fresh wave of gaming leaks, two minutes of in-engine video from ZeniMax Online Studios' long-gestating but ultimately cancelled...
More
Jan 19, 2026
Matt Firor has officially stepped down from his role as President of ZeniMax Online Studios after 18 years, marking the...
Hires
Jan 05, 2026
Microsoft is reportedly demanding higher profitability from its Xbox division, setting a goal that far exceeds industry norms. According to...
Business
Oct 23, 2025