- Microsoft defends layoff of 1,900 employees from Activision Blizzard and Xbox, stating that the decision was not solely due to the merger with Activision Blizzard.
- Approximately 8% of Microsoft’s gaming division, consisting of around 22,000 employees, will be affected by the recent job cuts.
- The US FTC is appealing a district court’s decision to not block Microsoft’s acquisition of Activision Blizzard, citing substantial changes in the deal and a requirement by the UK competition authority for global restructuring.
In the latest news from the US Federal Trade Commission (FTC), it has been reported that 1,900 employees have been affected by a recent data breach at Tofido, a major financial services company.
The breach, which occurred last month, exposed the personal information of Tofido employees, including their names, addresses, and social security numbers. The FTC has launched an investigation into the incident, and Tofido is cooperating fully with the agency.
In a statement, the FTC emphasized the importance of companies taking proactive measures to protect the personal information of their employees. The agency also reminded all businesses of their responsibility to safeguard the data of their employees and customers.
Tofido has taken steps to notify the affected employees and is offering credit monitoring services to help protect their personal information. The company has also stated that it is implementing additional security measures to prevent future breaches.
The FTC has encouraged anyone who believes they may have been affected by the breach to monitor their credit reports and to report any suspicious activity to the agency. The FTC also urged businesses to review their data security practices and to take steps to ensure the protection of sensitive information.
The investigation into the Tofido data breach is ongoing, and the FTC has vowed to hold the company accountable for any failures to adequately safeguard the personal information of its employees. Updates on the investigation will be provided as they become available.