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FTC Urged to ‘Unwind’ Activision Blizzard Merger After Layoffs

January 28, 2024
in PlayStation
0
FTC Urged to ‘Unwind’ Activision Blizzard Merger After Layoffs

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U.S. Senator Elizabeth Warren has urged the Federal Commerce Fee (FTC) to “unwind” Microsoft‘s buy of Activision Blizzard after the Xbox maker introduced mass layoffs throughout its gaming division yesterday. Activision Blizzard confronted a lot of the brunt, with Blizzard’s survival recreation canceled and whole groups worn out throughout the writer.

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Activision Blizzard layoffs described as a “massacre” by affected workers

Senator Warren took to Twitter to criticize the downsizing, reminding followers of her earlier warnings towards the merger. “I warned that this deal would harm employees,” she wrote. “These layoffs are a stark reminder that company mergers are dangerous for employees. The FTC ought to sustain the struggle to unwind this merger.”

Simply 3 months after @Microsoft‘s merger with @Activision, 1,900 employees have misplaced their jobs.
I warned that this deal would harm employees. These layoffs are a stark reminder that company mergers are dangerous for employees.
The @FTC ought to sustain the struggle to unwind this merger. https://t.co/Nh6vpAXeYd

— Elizabeth Warren (@SenWarren) January 25, 2024

Activision Blizzard workers have described the layoffs as a “massacre” on social media. Reviews have emerged that Name of Obligation developer Sledgehammer Video games has misplaced greater than 1 / 4 of its workers. CharlieINTEL places the proportion of Sledgehammer layoffs at 25% whereas Tom Henderson of Insider Gaming has heard it’s considerably near 30%.

Though the merger has closed, the FTC is continuous its investigation into the deal, and hopes to persuade courts that Microsoft’s buy of Activision Blizzard is dangerous for competitors and shopper selection.



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Tags: ActivisionBlizzardFTCLayoffsMergerUnwindUrged
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