Ford Motor Co. is accelerating its global EV strategy, developing cost-competitive models to challenge BYD in China and aiming to match Chinese rivals’ cost structures, despite ongoing losses in its EV division.
#YonhapInfomax #FordMotor #BYD #ElectricVehicle #CostStructure #ChinaMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Phil Spencer, CEO of Microsoft Gaming, stated that over three months since the integration of the Activision, Blizzard, and King teams, both Microsoft Gaming and Activision Blizzard executives are focused on developing a strategy and execution plan with a sustainable cost structure to support the expanding business. With 22,000 employees, Microsoft's gaming unit constitutes around 9% of its workforce. #Microsoft #GamingDivision #Layoffs #BusinessStrategy #CostStructure

Microsoft (MSFT) revealed yesterday its decision to lay off approximately 1900 employees from its gaming division. #Microsoft #GamingDivision #Layoffs #BusinessStrategy #CostStructure #ActivisionBlizzardIntegration