FeedBagel

All Topics

Art

First reported by Variety

Xbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure

Microsoft Splits With 4 Xbox Game Studios, Will Lay Off 3,200 Employees

Michael Kan

1d agoen

technology gaming games

Source

PCMagMicrosoft Splits With 4 Xbox Game Studios, Will Lay Off 3,200 Employeespcmag.com

Snippet from the RSS feed

'We must reset Xbox,' Asha Sharma says in a memo that outlines a year-long restructuring plan and concedes that Microsoft's bet on Game Pass and studio acquisitions hasn't paid off. Microsoft is making major cuts to its Xbox division, including laying off 3,200 employees and offloading four game studios, in an effort to restore profitability in the gaming business. The cuts are part of “the most significant restructure in Xbox history,” Xbox CEO Asha Sharma, who took over in February, …

You might also wanna read

Microsoft's Xbox Division to Cut 3,200 Jobs and Close Four Studios in Major Restructuring

Microsoft's Xbox division is cutting 3,200 jobs and closing four game studios in what CEO Asha Sharma describes as the most significant rest

hollywoodreporter.com·1d ago

Microsoft's Xbox Division to Cut 3,200 Jobs and Close Four Studios in Major Restructuring

Microsoft's Xbox division is cutting 3,200 jobs and closing four game studios in what CEO Asha Sharma describes as the most significant rest

The Hollywood Reporter·1d ago

Microsoft's Xbox Division to Cut 3,200 Jobs and Close Four Studios in Major Restructuring

Microsoft's Xbox division is cutting 3,200 jobs and closing four game studios in what CEO Asha Sharma describes as the most significant rest

hollywoodreporter.com·1d ago

Xbox Lays Off 3,200 Employees in Major Restructure; CEO Asha Sharma Outlines Three Reset Aims

Xbox is laying off 3,200 employees over the next 12 months (half immediately) and parting ways with at least four studios as part of what CE

purexbox.com·1d ago

Xbox to Lay Off 3,200 Staff; Four Studios Depart in Major Restructure

Microsoft/Xbox boss Asha Sharma announced 3,200 layoffs across the current financial year, with 1,600 occurring on July 6. Four studios are

ign.com·1d ago

Xbox to Lay Off 3,200 Workers, Close Four Studios in Major Restructure

Microsoft's Xbox division is laying off 3,200 workers (20% of staff) as part of the "most significant restructure" in its 25-year history. C

Deadline·1d ago

Xbox to Lay Off 3,200 Workers, Close Four Studios in Major Restructure

Microsoft's Xbox division is laying off 3,200 workers (20% of staff) as part of the "most significant restructure" in its 25-year history. C

deadline.com·1d ago

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

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 annou

ign.com·1d ago

Comments

No comments yet. Be the first.