Xbox Lays Off Staff in 'Most Significant Restructure in Its History'
Xbox Faces Major Restructure
Microsoft has implemented significant layoffs at Xbox, with CEO Asha Sharma describing the cuts as "the most significant restructure in Xbox history." The restructuring comes amid a particularly challenging period for the video game industry.
Despite the reduced workforce, Xbox leadership outlined an ambitious vision for the future. In a memo to staff, Sharma stated the company's aim to "be one of the few companies that entertains more than a billion people each day and gives everyone the opportunity to create and connect."
This goal represents a significant pivot for Microsoft, which has invested billions in its gaming division with varying results. The company now plans to pursue a much larger audience while operating with a notably smaller team.
The timing coincides with broader turmoil in the gaming sector, which has seen multiple companies implement similar workforce reductions in recent months.