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First reported by Variety
Xbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure

Microsoft Xbox Lays Off 3,200 Staff, Calls Gaming Business 'Not Healthy' in Major Restructure

By

Wesley Yin-Poole

1d ago· 8 min readenNews

Summary

Microsoft/Xbox is laying off 3,200 staff across the current financial year, with 1,600 cuts happening on July 6. Xbox boss Asha Sharma announced the restructure in an internal email, calling it the most significant in Xbox history and stating the gaming business "is not healthy." Four studios are leaving Xbox for new management, and one studio is in consultation over its future. The layoffs represent about one-fifth of Microsoft's gaming workforce.

Source

Twitter / XMicrosoft Xbox Lays Off 3,200 Staff, Calls Gaming Business 'Not Healthy' in Major Restructureign.com

Key quotes

· 3 pulled
Xbox boss Asha Sharma called it the most 'significant' restructure in Xbox history, insisting Microsoft's gaming business 'is not healthy.'
Overall, Microsoft's gaming business is losing about one-fifth of its staff.
As part of the restructure, four studios are leaving Xbox to new management, and one is now in consultation over its future.
Snippet from the RSS feed
Microsoft has announced 3,200 staff are set to lose their jobs at Xbox across the current financial year, with 1,600 of those layoffs happening today, July 6. As part of the restructure, four studios are leaving Xbox to new management, and one is now in c

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