Microsoft Cuts 9,000 Jobs in Xbox and Tech Divisions Amid Industry Tensions
TL;DR Summary
Microsoft's Xbox division has undergone significant layoffs, affecting over 9,000 employees across various projects including the cancellation of games like Everwild and Perfect Dark, and the closure of studios such as The Initiative. The layoffs are part of a broader restructuring aimed at focusing on strategic growth areas amid industry challenges, with Xbox emphasizing support for impacted staff despite the difficult circumstances.
Topics:business#game-cancellations#industry-impact#microsoft#studio-closures#technology#xbox-layoffs
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