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Xbox Announces Major Restructuring and Significant Layoffs

A New Direction for Xbox

Xbox is set to undergo a major corporate shift as new CEO Asha Sharma announced what is being described as the most significant restructure in the history of the Microsoft-owned gaming division. The plan involves a reduction in workforce that will impact thousands of employees over the coming year.

Impact on Staff and Studios

The company confirmed that 1,600 staff members will be laid off starting Monday, with up to an additional 1,600 positions expected to be cut over the next twelve months. Alongside these personnel changes, the company is moving to sell four of its internal development studios. These include Ninja Theory, Undead Labs, Compulsion Games, and Double Fine Productions. These four studios currently employ approximately 350 people.

What This Means for the Future

This restructuring marks a turbulent period for the brand as it looks to streamline operations under new leadership. For fans and industry observers, the sale of these specific studios raises questions about the future of their ongoing projects and the overall output of the Xbox gaming ecosystem. As the company navigates this transition, the focus remains on how these changes will reshape its long-term strategy in an increasingly competitive gaming market.

Source: Variety

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