Microsoft lays off 1,600 Xbox employees and spins off four game studios in major gaming restructuring
By
Tom Warren
Summary
Microsoft is laying off 4,800 employees, with over 30% of cuts hitting the Xbox division (approximately 1,600 jobs). As part of a major gaming restructuring described as an Xbox "reset," Microsoft is spinning off four game studios — Double Fine, Compulsion Games, Ninja Theory, and Undead Labs — to operate independently. The cuts are expected to continue, with plans to eliminate roughly 20% of Xbox jobs by the end of the financial year.
Source
Twitter / XMicrosoft lays off 1,600 Xbox employees and spins off four game studios in major gaming restructuringtheverge.comKey quotes
· 3 pulledThe significant gaming cuts will affect nearly every part of Xbox and also involve four game studios being spun off to be run independently from Microsoft.
Today's layoffs, which are being described as an Xbox 'reset' moment, will impact around 1,600 Xbox employees, according to an internal memo from Xbox CEO Asha Sharma.
The cuts won't end today, though, as Microsoft is planning to eliminate a total of around 20 percent of Xbox jobs by the end of the financial year.
You might also wanna read
Microsoft cuts 3,200 Xbox jobs, spins off four studios in major layoffs
Xbox to Lay Off 3,200 Employees and Restructure Studio Operations
Xbox is laying off approximately 3,200 employees (20% of the division) and restructuring significantly. Compulsion Games and Double Fine wil
kotaku·18h ago
Microsoft announces 3200 layoffs and four studio departures in "most significant" Xbox restructuring in history
Xbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure
Xbox is laying off 3,200 staffers (1,600 immediately and up to 1,600 more over the next year) in what new CEO Asha Sharma calls the "most si
variety.com·18h agoXbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure
Xbox is laying off 3,200 staffers (1,600 immediately and up to 1,600 more over the next year) in what new CEO Asha Sharma calls the "most si
Variety·18h ago
Microsoft cuts 3,200 Xbox jobs and separates four game studios from Xbox Game Studios
Microsoft is cutting 3,200 jobs across its Xbox division in what it calls the most significant restructuring in Xbox history. Four studios —
Microsoft Spins Off Multiple Xbox Studios Including Double Fine and Ninja Theory Amid Layoffs
Microsoft is spinning off several Xbox studios — including Double Fine Productions, Compulsion Games, Undead Labs, and Ninja Theory — as ind
kotaku·18h ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.