E-Ink News Daily

Back to list

Xbox warns of a ‘reset’ as it prepares for layoffs

Microsoft's Xbox division is preparing for significant layoffs, potentially affecting up to 1,000 employees, with hints of studio closures and budget cuts across marketing and other departments. Xbox CEO Asha Sharma had previously alluded to 'making hard choices,' signaling internal restructuring. The news follows broader tech industry layoffs and comes as Microsoft continues to integrate its $69 billion acquisition of Activision Blizzard.

Background

The gaming industry has seen significant consolidation and layoffs in recent years, with Microsoft's $69 billion acquisition of Activision Blizzard being one of the largest deals in gaming history. Tech companies across the board have been implementing cost-cutting measures amid economic uncertainty.

Source
The Verge
Published
Jun 11, 2026 at 05:28 AM
Score
6.0 / 10