Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs
The cuts include the deepest overhaul in Xbox’s history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, four game studios being…
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The cuts include the deepest overhaul in Xbox’s history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, four game studios being spun off or sold, and a fifth entering a review process that could lead to closure, the company said. Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI Microsoft said Monday it was eliminating about 4,800 jobs – roughly 2% of its global workforce – in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs.
Furthermore, Microsoft stock was down about 1.5% as of midday Monday. The cuts account for 2.1% of Microsoft’s global workforce — and one-fifth of Xbox staffers. Xbox new CEO Asha Sharma overhauls Xbox in bold restructure days after taking helm Microsoft’s Xbox division is undergoing the most significant restructuring in its history, with plans to eliminate 3,200 jobs.
In addition, But Sharma confirmed no publicly announced first-party games or projects will be cancelled.
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The cuts include the deepest overhaul in Xbox’s history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, four game studios being spun off or sold, and a fifth entering a review process that could lead to closure, the company said.
reliability moderate3/3 sourcesThousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI Microsoft said Monday it was eliminating about 4,800 jobs – roughly 2% of its global workforce – in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division.
reliability moderate2/2 sourcesMicrosoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs.
reliability moderate2/2 sources
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Microsoft stock was down about 1.5% as of midday Monday.
according to New York PostThe cuts account for 2.1% of Microsoft’s global workforce — and one-fifth of Xbox staffers.
according to New York PostXbox new CEO Asha Sharma overhauls Xbox in bold restructure days after taking helm Microsoft’s Xbox division is undergoing the most significant restructuring in its history, with plans to eliminate 3,200 jobs.
according to Geo NewsBut Sharma confirmed no publicly announced first-party games or projects will be cancelled.
according to Geo News
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Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI Microsoft said Monday it…
omitted byCenterRight sidecovered byLeft sideMicrosoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs.
omitted byCenterRight sidecovered byLeft sideThe cuts include the deepest overhaul in Xbox’s history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, four…
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