Microsoft Reportedly Slashing 650 Jobs in Latest Round of Xbox Cuts [Yahoo! Finance]
Take-Two Interactive Software, Inc. (TTWO)
Last take-two interactive software, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
division chief Phil Spencer seen by Bloomberg, the company's third round of unit cuts since closing its $69 billion acquisition of Activision Blizzard last October. The cuts will affect "mostly corporate and supporting functions," rather than game development. Microsoft previously laid off 1,900 Xbox employees in January and closed multiple Bethesda studios in May. Microsoft ( MSFT ) reportedly is laying off 650 employees from its Xbox division, the company's third round of unit cuts since closing its $69 billion acquisition of Activision Blizzard last October. According to a memo from Xbox chief Phil Spencer, the affected employees are "mostly corporate and supporting functions," rather than game development, per Bloomberg . "No games, devices or experiences are being cancelled and no studios are being closed as part of these adjustments today," Spencer added. Microsoft did not immediately respond to an Investopedia request for comment. Video Game Developers Struggle Mi
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TTWO
News
- Are Investors Undervaluing Take-Two Interactive Software, Inc. (NASDAQ:TTWO) By 24%? [Yahoo! Finance]Yahoo! Finance
- The Global Video Game Market Could Soon Approach $500 Billion, New Report Says [Yahoo! Finance]Yahoo! Finance
- The Most Infamous Mobile Game Of All Time Has Returned After 10 Years As ‘Flappy Bird' Spreads Its Wings Once Again [Forbes]Forbes
- Take-Two Interactive to Host Webcast of 2024 Annual Meeting of StockholdersBusiness Wire
- Ball Over Everything: NBA® 2K25 Launches WorldwideBusiness Wire
TTWO
Earnings
- 8/8/24 - Miss
TTWO
Sec Filings
- 9/16/24 - Form 8-K
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- TTWO's page on the SEC website