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EQUIPThe Verge · 1h ago

Microsoft is laying off 268 Xbox staffers and Ninja Theory may close

Executive Brief

The 30-second read

Microsoft has initiated an additional reduction of 268 Xbox employees as part of a broader gaming division restructuring. These cuts follow previous layoffs of 1,600 personnel in July under a strategic business reset.

  • 01Xbox CEO Asha Sharma describes the current phase as the most significant restructure in brand history
  • 02Current layoffs represent a continuation of 3,200 previously planned role eliminations
  • 03Reports indicate potential closure of development studio Ninja Theory following these staff reductions
  • 04Internal leadership characterizes the organizational changes as an ongoing reset of the gaming business

AI-generated summary · Verify at source

Microsoft is laying off around 260 Xbox employees today, as part of an ongoing "reset" of its gaming business. 1,600 Xbox employees were impacted by layoffs in July, with Xbox CEO Asha Sharma describing the cuts as "the most significant restructure in Xbox history." Today's layoffs are part of the 3,200 roles that were previously […]