Microsoft recently cut 1,900 jobs from its gaming division and among the layoffs were many at the recently acquired video game developer Activision Blizzard. Blizzard Entertainment’s President Mike Ybarra and co-founder Allen Adham are both departing. The tech giant also announced the cancellation of a Blizzard game, called “Odyssey,” that was already six years in development. Today, Microsoft reported its quarterly earnings. Revenue is up.

Jason Schreier, the creator of Bloomberg’s Game On newsletter, joins the Big Take to give us the latest on Microsoft’s moves and makes some predictions about larger trends for the gaming industry to watch for in 2024.