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.