Microsoft plans to cut 4,800 jobs, with Xbox unit bearing biggest reductions
Microsoft announced a restructuring that would eliminate about 3,200 positions and transfer ownership of four Xbox studios—Double Fine, Compulsion Games, Ninja Theory and Undead Labs—to new owners. The move was reported by The Verge as part of a broader effort to streamline the company's operations. A few days later the company expanded the plan, saying the total workforce reduction would reach roughly 4,800 jobs, or 2.
1% of its global staff, with the Xbox division bearing the largest impact at around 1,600 cuts. TechCrunch detailed the numbers, and The Seattle Times added that the cuts aim to manage headcount and costs amid heightened AI-related spending. The announcements also noted the promotion of Helen Chiang to chief operating officer.