Massachusetts Senator Elizabeth Warren says the FTC should continue to fight to reverse the Microsoft-Activision Blizzard merger…

 

 

Activision Blizzard’s acquisition and ongoing regulatory concerns have been the talk of the town in recent years. Now that the company has merged with Xbox, one US senator has taken advantage of the recent Microsoft announcement of massive layoffs at its gaming division. In a spirited speech, he discussed the dangers of takeovers.

A few days ago, Massachusetts US Senator Elizabeth Warren claimed via social media that she was right when she warned of the dangers of the merger.

The politician reacted to the fact that Microsoft laid off 1,900 people at Xbox: “Just 3 months after Microsoft’s merger with Activision, 1,900 workers have lost their jobs. I warned that this deal would hurt workers,” she said.

She went on to explain the danger of such takeovers: “These layoffs are a stark reminder that corporate mergers are bad for workers,” he added. Finally, she says that “the FTC (the American regulatory authority) should keep up the fight to unwind this merger”. A few weeks ago, it was reported that the FTC is still trying to prevent the giant company from acquiring Activision Blizzard.

 

Which Activision Blizzard studio was hit hardest by Microsoft layoffs?

 

It was recently revealed that the Crash and Spyro studios were hit the hardest by the Microsoft layoffs. But the same thing happened to the creators of Call of Duty Modern Warfare 3. Toys for Bob and Sledgehammer Games both lost 30% of their workforce, which is a pretty severe cut. In addition, other big teams also lost several members. Examples include Treyarch, Infinity Ward, Raven Software, High Moon Studios, Demonware, Solid State Studios, and Beenox.

Source: X

Just 3 months after @Microsoft's merger with @Activision, 1,900 workers have lost their jobs.

I warned that this deal would hurt workers. These layoffs are a stark reminder that corporate mergers are bad for workers.

The @FTC should keep up the fight to unwind this merger. https://t.co/Nh6vpAXeYd

— Elizabeth Warren (@SenWarren) January 25, 2024