Microsoft’s Xbox division is conducting big layoffs, as the company deals with abject failure of its Game Pass strategy.

Microsoft's Xbox division is cutting 3,200 jobs and divesting five studios including Ninja Theory and Double Fine as it restructures after the $69B

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

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.

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…

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…

The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year.

Double Fine, Compulsion Games, Ninja Theory, and Undead Labs are leaving Microsoft as the company restructures its gaming business.

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 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…

Microsoft announces 4,800 job cuts, with its Xbox division reducing staff by 20% and planning to spin off four gaming studios into independent entities.

Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles…

Microsoft is cutting 4,800 jobs globally, including 1,600 at Xbox, as the gaming business restructures amid rising hardware costs and weak margins.

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

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including layoffs 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 announced Monday that it is laying off 20% of its Xbox workforce and is cutting ties with several game studios as part of larger shakeup.

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.

The announcement is the latest in a string of mass layoffs by the technology giant.

Microsoft's Xbox is cutting 3,200 jobs and divesting five studios as CEO Asha Sharma restructures the gaming business to cut costs and focus on bigger games.