Microsoft to cut 650 Jobs at Xbox gaming division amid post-acquisition restructuring
In a major move that reflects the ongoing restructuring within its gaming division, Microsoft has announced plans to lay off approximately 650 employees at Xbox. This decision comes as part of the company’s efforts to align its team structure following the acquisition of Activision Blizzard.
Phil Spencer, CEO of Microsoft Gaming, communicated the news to employees in a memo, with a message that the layoffs are necessary to support the company’s long-term success. While the decision was described as “difficult,” Spencer assured employees that no games, devices, or gaming experiences would be cancelled as a result.