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

Microsoft cuts 3,200 Xbox jobs, spins off four studios in major layoffs

By

Chance Townsend

3h agoen

Source

MashableMicrosoft cuts 3,200 Xbox jobs, spins off four studios in major layoffsmashable.com
Snippet from the RSS feed
Double Fine, Compulsion Games, Ninja Theory, and Undead Labs are leaving Microsoft as the company restructures its gaming business. Microsoft laid off 4,800 employees Monday, with more than 30 percent of the cuts in its Xbox division, according to an internal email reviewed by IGN . The reductions, described internally as an Xbox "reset," will affect roughly 1,600 employees immediately, with the company planning to …

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