Xbox Announces Layoffs Amid 'Reset' of Video Game Division
11 Articles
11 Articles
'All options are on the table, considering the drastic measure already put in place' — Could Microsoft sell Xbox? Analysts say it's too expensive for that, but that it could be dismantled piece by piece
Could Microsoft sell off Xbox amid the company's biggest restructuring strategy yet?Analysts say Xbox, as it stands, would be too expensive for even some of the biggest buyersIt's suggested that big players would be more interested in purchasing "specific pieces" of the businessAs Xbox goes through its biggest restructuring yet, and the seemingly never-ending stream of bad news for those involved continues, the future of the gaming company is un…
Microsoft's game console division is tight in the face of major challenges – and is taking action.
Summary: what's happening at Xbox?
The Xbox reset announced on July 6 is the biggest, most controversial restructure in the Microsoft division's history. The broad strokes are simple: Xbox is cutting 3,200 jobs, 1,600 of them being immediate layoffs, in a spate of studio spin-outs and redundancies off the back of low profit margins. The company has become unhealthy, according to CEO Asha Sharma, with the restructure aimed at "reset[ting] our content portfolio". Basically, Xbox is…
Microsoft’s new Xbox CEO Asha Sharma: Career, layoffs and Xbox reset explained
Asha Sharma has emerged as the new face of Xbox after taking over as CEO in February and launching the biggest restructuring in the gaming division’s history. The Microsoft executive has announced 3,200 job cuts, major leadership changes, and a renewed strategy to revive the Xbox brand.
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