Xbox chief says company can't afford to mistake longevity for inevitability

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.

Double Fine and Compulsion Games are going independent, and Microsoft is also selling Ninja Theory and Undead Labs.

"Our business today is not healthy," Xbox CEO Asha Sharma warned in a memo to staff Monday.

Microsoft plans to cut around 4,800 jobs, nearly 2% of its workforce, as part of a restructuring effort. | World News

Xbox CEO Asha Sharma has announced a year-long plan to reduce the division's staff by over 3,000, with 1,600 being laid off today. Five studios are leaving Xbox.

Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears of AI replacing jobs. The layoffs will hit…

Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."

Microsoft eliminated approximately 2.1% of its global workforce

1,600 jobs will be eliminated today, the rest throughout FY27

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of…

Xbox chief says company can't afford to mistake longevity for inevitability

Microsoft is eliminating 4,800 jobs, or 2.1% of its workforce, with its Xbox gaming unit among the hardest hit, the company said Monday.

About 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year.

Microsoft is cutting 4,800 jobs globally, with Xbox losing up to 20% of its workforce by 2027. Here's what the restructuring means for crypto and Web3

Xbox CEO Asha Sharma addressed staff following the decision to lay off 3,200 employees, citing financial challenges and strategic restructuring to stabilize the company's future.

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including layoffs that will impact 20% of staff.

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including downsizing that will impact 20% of staff.

These cuts are part of broader layoffs at Microsoft, which on Monday said it is eliminating about 4,800 roles

Microsoft's Xbox division eliminates 3,200 jobs and divests four game studios as CEO Asha Sharma calls for a reset amid unsustainable operating margins.

Microsoft is cutting 3,200 Xbox jobs and divesting game studios as part of a broader restructuring announced Monday.