Microsoft announces 4,800 job cuts and Xbox studio divestitures
Microsoft announced a restructuring that will cut about 4,800 jobs, representing roughly 2. 1% of its global workforce, and will see the divestiture of four Xbox studios—Double Fine, Compulsion Games, Ninja Theory and Undead Labs. The Verge reported that the initial plan called for eliminating roughly 3,200 positions and transferring the studios to new owners. Later, TechCrunch and the Seattle Times clarified that the total headcount reduction would be about 4,800, with the Xbox division slated to lose around 1,600 roles.
DW. com subsequently noted that the Xbox cuts could reach roughly 3,200 positions and that company executives said the reductions would not be offset by artificial-intelligence replacements. The restructuring aims to manage costs amid increased AI-related spending, according to the Seattle Times.
