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Microsoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major Overhaul

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Bloomberg Technology 6 hours ago • bloomberg.com
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul
Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its…
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Bloomberg Technology 10 hours ago • bloomberg.com
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major Overhaul
Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold. Xbox will also look to sell or spin out Arkane Studios.
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