Microsoft’s Xbox layoffs and “reset” | Explained
Microsoft's Xbox division is undergoing a major restructuring, including 4,800 job cuts over the next year to address a severe hardware crisis. CEO Asha Sharma aims to return the division to growth by 2027 while streamlining operations.
The story so far: On July 6, Microsoft’s Xbox CEO Asha Sharma shared a long post that she had sent to her staff, announcing widespread layoffs and an ambitious plan to “reset” the gaming division. Microsoft will cut 4,800 jobs, equal to about 2.1% of its workforce, while Xbox works to streamline games, staff operations, and platform teams in the face of what she calls the “most severe hardware crisis” in industry history.
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