https://www.eurogamer.net/its-been-12-months-since-microsoft-purchased-activision-blizzard-so-whats-changed
"Most notably, perhaps, we have unfortunately seen a devastating number of layoffs across Microsoft, including its gaming divisions, and Activision Blizzard studios. In January of this year, the company announced it was laying off 1900 people across its video game teams, including Activision Blizzard, ZeniMax and Xbox, equating to approximately eight percent of its gaming workforce.
[...]
In May, yet more layoffs were announced at Microsoft, though this time in its Bethesda studios. Redfall and Dishonored developer Arkane Austin was closed, also marking the end of updates for the studio's online co-op vampire sho-ter. Hi-Fi Rush and The Evil Within developer Tango Gameworks was also closed at this time, as was Mighty Doom studio Alpha Dog Games. Microsoft faced intense criticism for its decision to shutter these studios, with Arkane Lyon boss Dinga Bakaba calling it a "a fu--ing gut stab"."