GAMESMachine Translated summary
Xbox Planning Major Layoffs Next Month as New CEO Declares Business Reset
Microsoft's Xbox division is set to carry out significant layoffs as early as next month, according to a Bloomberg report. New CEO Asha Sharma has described the situation as a 'bleak picture' and announced a 'reset' of the business, following a five-year period in which divisional revenue reportedly fell by nearly half a billion dollars. At least one studio closure may also be part of the restructuring.
First seen 3d ago5 sources covering
Sources (5)
Click any to read originalJP-PRESS (2)
EN-ORIGINAL (3)
Xbox Planning Major Layoffs Next Month, Could Involve a Studio Closure.
Push Square2d
Xbox is reportedly about to undergo a major wave of layoffs next month, following a five-year period in which the division's revenue dropped nearly half a billion.
Kotaku3d
BREAKING: Xbox is planning major layoffs next month, Bloomberg has learned, as new CEO Asha Sharma confronts a bleak picture and plans what she calls a "reset" of the business www.bloomberg.com/news/article...
Jason Schreier3d
How sources are framing this
Push Square specifically flagged a potential studio closure, while English and Japanese outlets otherwise aligned on the core facts of the layoffs and CEO messaging.
What we know
- Xbox is planning major layoffs expected to occur next month, per Bloomberg reporting
- New Xbox CEO Asha Sharma has characterized the division's current state as a 'bleak picture' requiring a full business reset
- Revenue for the Xbox division reportedly dropped by nearly half a billion dollars over the past five years
- At least one studio closure may be included alongside the broader workforce reductions
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