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Microsoft lays off 1,900 employees from Activision Blizzard and Xbox
(www.destructoid.com)
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I am not in a position to judge if this merger will be good for the industry, but this round of layoffs says nothing about that either.
On an individual level it is terrible for the people involved. But on the business level this is a perfectly normal and healthy thing to do and says absolutely nothing about the state of the games industry.
Their reputation for quality is long gone now anyways. At this point it might even be better if Blizzard gradually fades away entirely.
Having less employees might actually help improve quality assuming a good leadership is in place.
Turns out the FTC says otherwise lol