Xbox to Lay Off Up to 3,200 in 'Most Significant Restructure' in Company History

4 hours ago

Xbox announces 'most significant restructure' in history, cutting up to 3,200 employees over next year.
1,600 layoffs immediately, including 4 studios being spun out or sold: Ninja Theory, Undead Labs, Compulsion Games, and Double Fine Productions.
Arkane studio also undergoing consultation for divestment.
No first-party games or projects canceled due to reductions.
Layoffs affect multiple divisions like Activision, Bethesda/ZeniMax, Blizzard, King, Mojang, and Xbox Game Studios.
Content spend will remain similar, but with different priorities, focusing on 'Minecraft' and 'Elder Scrolls' as major growth areas.
Platform teams are 40% larger despite declining player base and playtime.
Management layers reduced from up to 14 to no more than 5, aiming for 3 where possible.
Helen Chiang promoted to Chief Operating Officer; Dave McCarthy retiring.
Mojang and King studios now report directly to CEO Asha Sharma.
Goal: Return to growth by 2027, aim to entertain over a billion people daily.

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