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In June 2024, Microsoft introduced it will be laying off 1,000 employees from the corporate’s mixed actuality and Azure cloud computing divisions. The announcement came a day after internet hosting a Sting concert for 50 individuals, together with Microsoft executives, in Davos, Switzerland. Microsoft additionally named Phil Spencer, head of the Xbox model since 2014, the inaugural CEO of the newly established Microsoft Gaming division, which donbet now homes the Xbox operations team and the three publishers within the firm’s portfolio (Xbox Sport Studios, ZeniMax Media, Activision Blizzard). In the same month, Microsoft acquired Australia-based video enhancing software firm Clipchamp. In February 2019, hundreds of Microsoft workers protested the company’s struggle profiteering from a $480 million contract to develop virtual reality headsets for the United States Military.

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