Microsoft lays off 1,900 workers in its Gaming unit

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[oni-one]

If you all want an example of how the hiring structure works now, this is the listing you will see, "HIRING: Entry level Programmer Position, 7+ years of everything, PhD in everything, $130, 000 of student loan debt, no involuntary reflexes of any kind."

[Eric-gco]

Gaming industry has been getting hammered with layoffs.

[JPAGH]

1900 overpaid apartments are looking for new tenants.

[jasonhutchinson]

How else do you think shareholders were going to pay for that Activision acquisition? Fairy Dust?

[The_Wailing_Doom]

No one smart actually believed Microsoft buying Bethesda or ABK, let alone BOTH, was a good thing for the industry. Regulators truly failed at their jobs.

[perryx]

stock up 70% since last year. Yep great time to fire your workforce.

[ruinkk]

Invest with what you can afford, stay in the game, persist and eventually you will reach a satisfying level of proficiency, Mrs Nancy told me that..

[MultiMojo]

Gen AI pretty much eliminates the need for a lot of junior folks who were responsible for doing the drudge work that can now be performed by an LLM. It doesn't mean there's no demand for tech talent, it's just that the entry bar is higher now. Same goes for the media industry, if your job involved producing garbage content, AI can do it for (nearly) free.

[franku]

2010-2020 was the honeymoon phase for tech workers. Plenty of free money and hiring talent in abundance. However, tech companies are realizing paying multiple employees 6 figure salaries for working 3-4 hours a day ain’t it.

[morpher]

another proof that huge tax cuts to corporations doesn't help its employees.

[hppavilionf]

This has nothing to do with AI, if it does, it's a tiny aspect.

Microsoft is most likely laying off marketing staff, HR, middle-managers, and other people who are not generating any revenue and are redundant across Microsoft and Activision. Layoffs are perfectly normal when a company gets acquired or even when it's a merger of "two equals".

[learningearning]

They definitely NEED people at Xbox to answer phones related to repairs.

[cassiejacobs]

Jobs will pay your bills, business will make you rich but investment makes and keep you wealthy!

[ciaronsmith]

This guy doesn't even know the difference between a debtor and a creditor.

[scott.schmidt]

Microsoft annual gross profit for 2022 was $135.62B. They cannot reposition these people?

[OhNoNotAgain]

If AI can finally publish “Half Life 3”, I will acknowledge that it’s an improvement over human workers in tech

[vietimports]

a 'brutal year for tech workers' means they are getting laid off from the biggest companies on the planet and finding new jobs at small/medium size companies

[lechprotean]

Microsoft lays people off in LA and Seattle. CNBC: layoffs hit Silicon Valley

[mikaelkarlsson]

The competition is fierce. There is alot of gamers but also alot of games. I think biggers studios need to step it up because of the garbage they realesed. It takes years to build trust but days to destroy it.The smaller and medium studios is getting bigger.

[HeyMJ.]

Reswizzling w/RIFs is normal in tech since the industry’s inception. It’s an opportunity for workers to retool, find a better paying job at another company, and continue an upward trajectory.