Microsoft layoffs- According to an internal company memo, Microsoft is laying off some 1,900 employees in its gaming division. The job cuts — which represent about an 8% reduction of Microsoft's 22,000-person gaming workforce — have arrived just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. Levi's layoffs- Levi Strauss & Co. is slashing its global workforce by 10% to 15% in the first half of the year, as part of a two-year restructuring plan that seeks to cut costs and simplify its operations, the denim giant said.