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Why Xbox Is Cutting 20% Of Its Staff Two Years After The Activision Deal
Two years after paying $68.7 billion for Activision Blizzard, Microsoft is tearing down the empire it built. The numbers behind the reset explain why — and expose a question the cuts cannot answer. New Xbox CEO Asha Sharma has confirmed the largest restructuring in the division's history: roughly 3,200 jobs gone across the fiscal year, four studios spun out and a fifth under review, and a business she calls "not healthy." Here is what happened, the economics that forced it, and the harder debate...
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apnews.com
Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division
Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. This represents about 2.1% of its global workforce.
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thenextweb.com
Microsoft cuts 3,200 Xbox jobs and divests five studios
Xbox will cut about 3,200 jobs and offload five studios, including the UK’s Ninja Theory and France’s Arkane, in its biggest-ever restructure.
