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

Microsoft 'resets' Xbox by cutting 3,200 jobs this year, divesting five game studios — firm cites 'margins that are 3-10x lower than comparable platform and publishing businesses'

By

Andrew E. Freedman

2h agoen

Source

Tom's HardwareMicrosoft 'resets' Xbox by cutting 3,200 jobs this year, divesting five game studios — firm cites 'margins that are 3-10x lower than comparable platform and publishing businesses'tomshardware.com
Snippet from the RSS feed
Xbox CEO Asha Sharma announced that Microsoft's gaming division will cut 3,200 jobs throughout FY27 and is spinning out studios but not canceling any games.

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