Microsoft Job Losses: 650 Cuts in Xbox Division

Thursday, 12 September 2024, 04:19

Job loss announcements take center stage as Microsoft reveals it will cut 650 positions within its Xbox division. This marks the third major layoff this year amidst the company’s ongoing restructuring efforts post-Activision Blizzard acquisition. The layoffs primarily affect corporate and support roles as Microsoft aims to streamline its operations and focus on long-term growth.
Moneycontrol
Microsoft Job Losses: 650 Cuts in Xbox Division

Significant Job Losses in Xbox Division

Microsoft has announced plans to eliminate 650 jobs within its Xbox unit, continuing its trend of job cuts amid efforts to integrate its $69 billion acquisition of Activision Blizzard. These job losses primarily target corporate and supporting functions, as outlined in an internal memo from Xbox chief Phil Spencer.

Details of the Layoffs

  • Previous Layoffs: This decision follows earlier cuts of 1,900 employees at Activision Blizzard and Xbox.
  • Focus on Integration: The job cuts are part of Microsoft's strategy to realign its structure for sustainable growth.

According to reports, Microsoft is committed to providing support for affected employees, offering exit packages that include severance and healthcare. Despite the job losses, the company reassured that no games or studios are being cancelled.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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