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First reported by Variety

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

The Most Significant Restructure in Xbox History: Live Report

Wesley Yin-Poole

21h agoen

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IGNThe Most Significant Restructure in Xbox History: Live Reportign.com

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Thousands of staff cut, four studios leave Microsoft, and what about the games? Microsoft has announced what it has called "the most significant restructure in Xbox history." Xbox CEO Asha Sharma has confirmed 1,600 Xbox staff will lose their jobs today, with another 1,600 set to be cut during the current financial year. As part of that, four studios are leaving Microsoft, …

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