Kevin LaChapelle, Vice President of Xbox Platform, announced that he had been laid off as part of Microsoft's ongoing restructuring.

Microsoft announced plans to lay off around 4,800 employees on Monday. Of those, 1,600 come from Xbox layoffs and studio spinouts. More will follow.

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 eliminated approximately 2.1% of its global workforce