Business · 1h ago
Xbox cuts 1,600 jobs in 'most significant restructure' yet
Microsoft's Xbox division is laying off 1,600 employees, about 8% of its gaming workforce, and selling several studios. The cuts follow the $69 billion Activision Blizzard acquisition and aim to streamline operations. Affected teams include those behind Halo and Call of Duty.
Meridian48 take
The layoffs underscore how even massive acquisitions can't shield tech giants from post-pandemic market corrections and cost-cutting pressures.
Read the full reporting
Xbox announces 'the most significant restructure' in its history — and it'll cause 1,600 'painful' job losses today and numerous studio sales →
TechRadar
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