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The layoffs primarily affected Activision Blizzard staff, but some Xbox and ZeniMax workers have been additionally affected. In October 2014, Microsoft revealed that it was virtually carried out with eliminating 18,000 staff, which was its largest-ever layoff sweep. Microsoft employed 127,104 people as of June 5, 2014, making this about a 14 p.c discount of its workforce as the biggest Microsoft layoff ever. In November 2018, the company received a $480 million military contract with the U.S. authorities to bring augmented reality (AR) headset expertise into the weapon repertoires of American troopers. The company is run by a board of directors made up of largely firm outsiders, as is customary for publicly traded corporations. Microsoft is certainly one of solely two U.S.-based firms which have a major credit rating of AAA.
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