Business · Companies · 3 hrs ago

Xbox reportedly plans three more rounds of layoffs

Xbox reportedly plans three more rounds of layoffs

Xbox is reportedly preparing three more rounds of layoffs in October, November and January.

The plans involve Microsoft’s gaming business, which is led by CEO Asha Sharma.

Microsoft has not confirmed the proposed cuts or their size.

The reported rounds would add to a restructuring that includes a July plan to cut 3,200 jobs during Microsoft’s 2027 fiscal year, including 1,600 immediate cuts, and about 260 layoffs in September.

Sharma says Xbox needs a more focused strategy and stronger financial performance as it works to improve profitability amid rising hardware costs and mixed results from its recent expansion.

The restructuring has also changed studio plans, with Double Fine and Compulsion Games becoming independent again and Ninja Theory potentially facing closure; Microsoft has not said whether the new cuts are part of the previously announced total.

2 sources

Related