Microsoft's Xbox Division Cuts 650 Jobs Amidst Gaming Industry Shifts

Wednesday, 11 September 2024, 16:59

Tech giant Microsoft is facing challenges as it announces 650 job cuts in its Xbox division. These layoffs come less than a year after the Activision deal closure. The impact largely affects corporate and support functions, according to an internal memo from Microsoft Gaming chief Phil Spencer.
Businessinsider
Microsoft's Xbox Division Cuts 650 Jobs Amidst Gaming Industry Shifts

Job Cuts in Xbox Division

Microsoft is making significant changes as it lays off 650 employees in its Xbox games division. The report from Bloomberg highlights that these job cuts predominantly affect corporate and support functions. Phil Spencer, Microsoft Gaming chief, addressed the employees in an internal memo, outlining the necessary adjustments the company is making.

Impact on the Gaming Industry

  • The layoffs signal a challenging period for the gaming sector.
  • Microsoft's recent Activision deal was a massive restructuring effort.
  • Positioning Xbox to adapt to evolving market demands is paramount.

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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