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Stockreport

Activision Blizzard to lay off hundreds in Irvine and Santa Monica starting next month [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Irvine and Santa Monica locations next month as parent company Microsoft Corp. looks to cut costs in its gaming division. The Santa Monica-based video game maker notified employees of the layoffs about two weeks ago. By the end of the year, 140 employees will be cut from the Irvine facility and 110 will be laid off from the Santa Monica location, according to a state notification filed on Sept. 12 by Activision Blizzard. Additionally, the company's Playa Vista location will begin layoffs in November and cut a total of 143 employees by the end of the year, according to a separate notice. The Activision Blizzard layoffs are part of Microsoft's move to cut 3% of its global gaming employees, or 650 people. Microsoft completed its acquisition of Activision Blizzard last year after much scrutiny by antitrust regulators. The $69-billion deal is the biggest in video game history. In an email earlier this month to staff, Microsoft Gaming Chief Executive Phil Spencer said the cuts were [Read more]
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Stockreport

Activision Blizzard to lay off hundreds in Irvine and Santa Monica starting next month [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Irvine and Santa Monica locations next month as parent company Microsoft Corp. looks to cut costs in its gaming division. The Santa Monica-based video game maker notified employees of the layoffs about two weeks ago. By the end of the year, 140 employees will be cut from the Irvine facility and 110 will be laid off from the Santa Monica location, according to a state notification filed on Sept. 12 by Activision Blizzard. Additionally, the company's Playa Vista location will begin layoffs in November and cut a total of 143 employees by the end of the year, according to a separate notice. The Activision Blizzard layoffs are part of Microsoft's move to cut 3% of its global gaming employees, or 650 people. Microsoft completed its acquisition of Activision Blizzard last year after much scrutiny by antitrust regulators. The $69-billion deal is the biggest in video game history. In an email earlier this month to staff, Microsoft Gaming Chief Executive Phil Spencer said the cuts were [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS