The Federal Trade Commission complained to a federal appeals court on Wednesday that Microsoft’s layoff of 1,900 employees in its video games division went against its representations in court as it fought to acquire Activision Blizzard. The move undermines Microsoft’s claims that the companies would continue to operate independently, the FTC said, and will make it harder to get “effective relief” if the agency succeeds in its administrative proceeding.
I wish a company wouldn’t be allowed to do any layoffs or mass firings for a period of three years post merge and require 1 year severance after that, to all employees at that company, not just those affected by the merge.