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Business · 4h ago

Xbox cuts 3,200 jobs, shuts five studios in major restructuring

By Meridian48 News Desk · Summarised from Ars Technica AI ·

Microsoft laid off about 3,200 employees from its gaming division, roughly 20% of the workforce, and closed five studios. The cuts aim to refocus Xbox on its biggest franchises amid slowing growth. The move follows a trend of consolidation and cost-cutting across the gaming industry.

Meridian48 take
The scale of layoffs underscores how even deep-pocketed tech giants are struggling to sustain sprawling gaming operations post-pandemic.
Read the full reporting
The incredible shrinking Xbox: Five studios, 3,200 employees let go →
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