Three months after completing its $68.7 billion acquisition of gaming company Activision Blizzard, Microsoft is laying off 1,900 employees in its gaming divisions. This amounts to about 8.6% of 22,000 Microsoft employees in gaming. Blizzard president Mike Ybarra also announced he will step down, now that the acquisition is finalized. According to game developer and consultant Rami Ismail, about 5,600 gaming employees have been laid off so far in 2024. Thats more than half of all gaming layoffs from 2023.
After laying off over 1,000 workers across divisions last week and cutting 100 jobs at YouTube, Google CEO Sundar Pichai sent a memo to its staff warning more layoffs are expected this year. Pichai’s memo said the company will have to make “tough choices” to meet its ambitious goals, as reported by The Verge. But I know it’s very difficult to see colleagues and teams impacted,” he said in an email to staffers. At the time, the company also confirmed to TechCrunch that Fitbit co-founders James Park and Eric Friedman were leaving the organisation. On Wednesday, Google laid off 100 YouTube staffers as part of reorganisation.
Discord has become a mainstay for many online communities in recent years, but its relative success hasn’t shielded the platform from the financial woes plaguing the tech industry. Like other companies making sweeping cuts to their workforces this week, Discord is laying off 17% of its staff, or about 170 people. In an internal memo obtained by the Verge, Discord CEO Jason Citron blamed over-hiring — echoing explanations that other tech CEOs have offered for recent layoffs. “We grew quickly and expanded our workforce even faster, increasing by 5x since 2020,” Citron said in the memo. Last August, Discord laid off 4% of its staff — nearly 40 employees — as part of a company-wide restructuring.
Every few years, a new startup takes a stab at automatic pill dispensers to help with drug adherence and to prevent people from accidentally dosing more than they should. Makes sense: For many of us, as we get older, more and more medicines join the lineup that keeps us ticking along. Unfortunately, memories get fuzzy, and forgetting to take — or doubling up — medicines can have disastrous consequences. The company takes a fresh look at the market, with a good-looking device to keep its users’ medicine intake on track. My Memo is a closed box that makes the medicines inside inaccessible — helpful to prevent casual theft and child safety, for example.
Disney is laying off employees in a restructuring effort, with the first round scheduled to begin this week. The purpose of these layoffs is to reduce costs and improve efficiency,…