US EditionMass Microsoft Layoffs Hit Maryland-Based Video Game Workers
- Over the weekend, Jez Corden reported that Microsoft CFO Amy Hood imposed 'utterly unrealistic' financial targets on Xbox, risking ongoing division harm.
- This stems from the Xbox One launch faltering, leading to declining Game Pass subscribers after folding in Gold members, and the service failing to offset lost first-party sales.
- Metrics confirm Xbox sold 2.7 million consoles, while Game Pass reached over 35 million subscribers in mid-2025, generating $4.7 billion in 2024.
- Following the layoffs, 9,000 employees, including Xbox Game Division staff, faced job losses, leading to studio closures like The Initiative and project cancellations such as Perfect Dark.
- With the current gap in subscriber growth, insiders doubt Xbox can reach its 2030 goal, risking long-term viability of the division.
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According to a new report, Microsoft CFO Amy Hood is supposed to impose completely unrealistic financial requirements on the Xbox division.
Microsoft’s CFO imposed the Xbox Games division absolutely unrealistic financial goals, says Jez Corden
Last week, Microsoft fired about 9,000 employees, also affecting the Xbox Game Division, resulting in project cancellation and closing The Initiative, which was developing the now canceled Perfect Dark. According to Windows Central journalist Jez Corden, Microsoft’s CFO, Amy Hood, has imposed on the “absolutely unrealistic” financial goals that will continue to damage the sector. Tom Warren of The Verge, disagrees with Jez Corden, arguing that t…
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