Microsoft Gaming Restructuring Leads to 650 Job Cuts in Xbox Division
Microsoft Restructures Xbox Division
In a significant move reflecting ongoing restructuring within its gaming division, Microsoft has announced plans to cut approximately 650 jobs in its Xbox division. This initiative follows the Activision Blizzard acquisition as Microsoft focuses on aligning its operational structure.
Details of the Layoffs
- Majority of layoffs in corporate and support roles
- Exit packages include severance pay and healthcare benefits
- Previous cuts: 1,900 employees earlier this year
The laid-off employees will receive outplacement services to assist them in their transition, indicating Microsoft's commitment to support during this difficult period. The extensive restructuring also aims to enhance the sustainability of Microsoft's investment in gaming.
Impact on the Gaming Industry
The layoffs at Xbox reflect a broader trend in the video game industry, as other major firms such as Sony and Unity announce their own job cuts. With these changes, Microsoft is navigating through a challenging landscape while preparing for future growth.
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.