Xbox to Lay Off 3,200 Staff; Four Studios Depart in Major Restructure
By
Wesley Yin-Poole
Summary
Microsoft/Xbox boss Asha Sharma announced 3,200 layoffs across the current financial year, with 1,600 occurring on July 6. Four studios are leaving Xbox for new management, and one studio is in consultation over its future. In an internal email, Sharma called it the most significant restructure in Xbox history, stating Microsoft's gaming business "is not healthy." The gaming division is losing about one-fifth of its staff. Studios affected include Compulsion Games (South of Midnight) and others.
Source
Key quotes
· 3 pulledThis is the most significant restructure in Xbox history.
Microsoft's gaming business is not healthy.
Overall, Microsoft's gaming business is losing about one-fifth of its staff.
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