Microsoft’s current announcement of 1,900 layoffs inside its Xbox division, together with Activision Blizzard staff who joined Microsoft with the buyout, has prompted america authorities to name Microsoft out. The US’ Federal Commerce Fee (FTC) stated in a memo (by way of The Verge) that the layoff plan “contradicts” how Microsoft represented itself in its proceedings to get the deal performed within the first place.
Microsoft’s $74.5 billion deal to purchase Activision Blizzard is already performed, however the FTC stated it’s attempting to briefly pause the buyout pending the FTC’s judgment of it on antitrust deserves.
“Microsoft’s just lately reported plan to remove 1,900 jobs in its online game division, together with in its newly acquired Activision unit, contradicts the foregoing representations it made to this courtroom,” FTC counsel Imad D. Abyad stated.
