Business · 1h ago
Microsoft cuts 4,800 jobs, spins off four Xbox studios
Microsoft is laying off 4,800 employees, with over 30% of cuts in its Xbox division. The company is spinning off four game studios to operate independently. The layoffs affect nearly every part of Xbox amid broader restructuring.
Meridian48 take
The spin-off strategy suggests Microsoft is trimming its gaming portfolio rather than exiting the business, but the scale of cuts signals ongoing pressure to streamline.
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Microsoft is selling off four Xbox studios as part of significant gaming cuts →
The Verge
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