Microsoft Xbox has been looking to reduce expenses following its acquisition of game giant Activision-Blizzard. The company recently laid off 650 employees in its Xbox and video games division. Microsoft Gaming CEO Phil Spencer assured employees that the layoffs do not mean the cancelation of any upcoming games, devices, or experiences, and that no Microsoft game studios are being closed as a result of the layoffs.
The decision to eliminate approximately 650 roles was made as part of aligning the post-acquisition team structure and managing the business for long-term success. This move is part of Microsoft’s ongoing efforts to streamline operations and cut costs in the wake of the Activision-Blizzard acquisition. Previous cuts by the Xbox division included the layoff of 1,900 employees in January of this year, as well as the closure of some Bethesda studios following Microsoft’s acquisition of ZeniMax Media in May.
Microsoft’s cost-cutting measures in its Xbox and video games division come after the company reported job cuts across the company in July, following the end of its fiscal year. The layoffs are part of the company’s broader strategy to streamline operations, reduce expenses, and align its post-acquisition team structure for long-term success. Despite the job cuts, Microsoft Gaming CEO Phil Spencer reassured employees that the company remains committed to delivering high-quality gaming experiences and that no Microsoft game studios are being closed as a result of the layoffs.
The layoffs in Microsoft’s Xbox and video games division are aimed at aligning the post-acquisition team structure and managing the business more efficiently. The company is focusing on long-term success in the gaming industry and is making strategic decisions to ensure its continued growth and profitability. By streamlining operations and cutting costs, Microsoft is positioning itself for success in the highly competitive gaming market and is committed to delivering innovative games, devices, and experiences to its customers.
Despite the recent job cuts, Microsoft remains focused on delivering high-quality gaming experiences to its customers. The company is investing in its game studios and development teams to create innovative and engaging games for its Xbox and PC platforms. By streamlining operations and cutting costs, Microsoft is positioning itself for long-term success in the gaming industry and is committed to delivering cutting-edge gaming experiences that will delight players around the world. The layoffs are part of the company’s broader strategy to align its post-acquisition team structure and ensure its continued growth and profitability in the gaming market.
