Connect with us

Hi, what are you looking for?

Your Profit SpringYour Profit Spring

Tech News

Microsoft lays off 650 more Xbox employees

Image: The Verge

Microsoft is laying off around 650 employees in its gaming division today. The latest cuts come months after Microsoft laid off 1,900 Activision Blizzard and Xbox employees, and after the closure of several game studios, including Redfall developer Arkane Austin.

Xbox chief Phil Spencer announced the layoffs to employees in an internal memo this morning, seen by The Verge. The cuts are related to the Activision Blizzard deal, and Spencer makes it clear in his email that “no games, devices or experiences are being cancelled” and no studios are being closed as part of the layoffs today.

“As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across…

Continue reading…

You May Also Like

Business

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days,...

Tech News

The latest Netflix app update will require Apple devices to run iOS 17 or later. | Illustration by Alex Castro / The Verge The...

Tech News

The new adaptive charging feature could help to save power and preserve the life of controller batteries. | Photo by Amelia Holowaty Krales /...

Business

U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing....