MICROSOFT plans major layoffs, targeting approximately 20% of its Xbox gaming division workforce, affecting around 1,600 employees. This decision follows CEO Satya Nadella's directive for the division to achieve financial independence, leading to confirmed divestments of four game studios: Double Fine, Compulsion Games, Ninja Theory, and Undead Labs. These studios will transition to independent operations, potentially collaborating with Microsoft or competing platforms. CEO Asha Sharma described the layoffs as a necessary reset for the division amid a challenging market.
Microsoft cuts Xbox staff by 20%, sells four game studios
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