Microsoft Slashes 4,800 Jobs as Xbox Loses Four Studios in Historic Restructure

Xbox Confirms Bethesda’s Future Amid Studio Closures & Layoffs

Microsoft is in the midst of aggressive restructuring, closing multiple studios and leaving fans wondering about the future of Xbox and its biggest brands. Widespread layoffs have seen multiple studio closures, game cancellations, and changes to policies regarding Xbox consoles and subscriptions. While some studios’ fates have been revealed, there has been widespread speculation about []

Microsoft Cuts 3,200 Xbox Jobs and Drops Four Game Studios in Massive Reset

Microsoft is kicking off the biggest restructure in Xbox history, a round of cuts that will wipe out roughly 3,200 jobs by the end of the 2027 fiscal year. The changes include 1,600 layoffs happening today, plus four well-known game studios leaving Xbox for new ownership. Xbox CEO Asha Sharma broke the news in a [] The post Microsoft Cuts 3,200 Xbox Jobs and Drops Four Game Studios in Massive Reset first appeared on iPhone in Canada.

The new David Jones boss needs a turnaround miracle

The crucial news at David Jones isn’t the sudden change in chief executive, it’s that the department store chain lives to fight another day.

Microsoft Guts Xbox in Biggest Shake-Up Yet, Cuts 4,800 Jobs Companywide

Microsoft is cutting thousands of jobs in a major Xbox restructuring as the company narrows its gaming strategy and continues heavy AI spending. The post Microsoft Guts Xbox in Biggest Shake-Up Yet, Cuts 4,800 Jobs Companywide appeared first on TechRepublic.

Xbox cutting 3,200 jobs, divesting from 5 studios including Canada’s Compulsion

Xbox is eliminating 3,200 jobs and divesting from five studios as part of a major restructuring. In a memo sent to employees that was also published online, Xbox CEO Asha Sharma called this “the most significant restructure in Xbox history.” This includes 1,600 employees being cut today and another 1,600 over the next 12 months, []

Whitestone Lanes developers strike $45M deal for former bowling alley site

The longtime owner of Whitestone Lanes in Flushing found a development partner to pin the future of the site on. Manhattan-based Urban Realty Partners joined forces with Mar Mar Realty — the development affiliate of the Queens bowling alley’s ownership — on a 45 million deal for 30-05 Whitestone Expressway, the Commercial Observer reported. The joint venture capitalization of the site was financed by 37 million in financing from an undisclosed lender. The joint venture deal was arranged by JLL’s Mike Mazzara, Ethan Stanton and Brendan Maddigan. Plans to redevelop the bowling alley into multifamily housing have long been on []This article originally appeared on The Real Deal. Click here to read the full story.

Xbox Layoffs: Microsoft to Cut 3,200 Jobs and Divest 4 Gaming Studios

Microsoft will cut 3,200 Xbox jobs and divest four studios, including Ninja Theory and Double Fine, as part of a major business restructure. CEO Asha Sharma confirmed the phased layoffs, representing 20 of the division's staff, while reallocating content funding to focus on key growth franchises.

The Internet Reacts To Xbox’s Layoff-Filled ‘Reset’ With Relief And Rage: ‘Another Stream Of Tone Deaf Excuses’

Though some of Xbox's most beloved studios are remaining open, the extreme layoffs spell even worse times ahead for the industry

"We are the best allies to game devs": Skyrim modder shows solidarity with laid off Bethesda workers by draping union logos across Tamriel

You've heard about Microsoft's mass layoffs by now. The last few days have been filled with stories of how these cuts are affecting different studios both still and formerly owned by Xbox, with even Elder Scrolls 6 developers Bethesda not being spared, regardless of that series being one their corporate overlords are determined to squeeze more out of going forwards. Thankfully, those overlords are reciving some pushback, with unionised Bethesda staff planning protest rallies and a modder using their talents to offer players a way of showing solidarity. Read more

Xbox Layoffs Means 32 Percent Of Phil Spencer's Acquisitions Are Gone

Eight of the studios that Xbox acquired under Phil Spencer are no longer part of the company. That's not even counting those sent into the COD mines.

Home Depot: A New Corporate Focus, But Familiar Valuation And Chart Stories

Home Depot: A New Corporate Focus, But Familiar Valuation And Chart Stories

Downtown L.A. fixture PwC will move to Century City

In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City. London-based PwC is one of the world’s largest accounting and professional services firms, perhaps best known publicly as the official tabulator of votes for Hollywood’s annual Academy Awards. Its []

Microsoft reportedly cancels Avowed sequel as Obsidian focuses on a Fallout game

The Fallout: New Vegas developer has not escaped Microsoft's Xbox layoffs unscathed.

Xbox Hits ‘Reset’ Button With Thousands of Job Cuts and Game Studio Spin Offs

These cuts are part of broader layoffs at Microsoft, which on Monday said it is eliminating about 4,800 roles

Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European

Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma laid it out in an official memo on Monday. She called it the most significant restructure in the division’s history. Xbox [] This story continues at The Next Web

SDCC ’26: the show floor map has arrived with a few changes

A few notable companies have returned to the show floor, and a few other changes as the 2026 SDCC show floor map has just been unveiled

Xbox cuts 3,200 jobs, divests five studios in major Microsoft overhaul

Microsoft's Xbox is cutting 3,200 jobs and divesting five studios as CEO Asha Sharma restructures the gaming business to cut costs and focus on bigger games.

Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division

REDMOND, Wash. (AP) — Microsoft is cutting 4,800 jobs, about 2.1 of its global workforce, including a large number of workers at its Xbox video game business.

All Xbox studios remaining following mass layoffs and restructure

Here's what we know about every studio remaining at Xbox following the company's mass layoff announcement.

XBox announces layoffs

Microsoft's XBox division today announced that it would lay off 3,200 workers and cut loose four of its studios, part of the latest wave of job losses to hit the game industry. Kotaku acquired email outlining the layoffs, half of which are immediate and the rest to take place later. — Read the rest The post XBox announces layoffs appeared first on Boing Boing.

Microsoft cuts 4,800 jobs in Xbox-led gaming shake-up

Microsoft is cutting 4,800 jobs, about 2.1 per cent of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganisation designed to “reset” Xbox as it faces heightened competition, the company said Monday. “Our []

XBOX is Laying Off 1600 Employees Today, and That's Just the Beginning

Four studios are leaving XBOX, with the future of a fifth still up in the air.

Down on Wall Street - heavy for technology companies

Down on Wall Street - heavy for technology companies

Xbox to lay off over 3,000 staff and divest five game studios

Microsoft has announced a major restructuring of its XBOX gaming division, confirming widespread layoffs alongside significant changes to its first-party studio lineup. The move will see four XBOX Game Studios developers leave Microsoft’s internal portfolio, although none have been confirmed as closing. According to an internal email from XBOX CEO Asha Sharma, Compulsion Games, the [] Source

Sky’s ITV Deal Gives U.K. Producers Hope, but U.S. TV Distribution Could See Adverse Ripple Effect

“ITV Studios is not for sale,” Carolyn McCall, boss of U.K. media conglomerate ITV, firmly told Variety three years ago. Despite persistent rumors the global production powerhouse was going to be snapped up – including potentially by Banijay or RedBird IMI – McCall has stayed true to her word. What few could have imagined back []

Bethesda union blasts Microsoft as Xbox layoffs hit the Fallout and Elder Scrolls studio, too: "When will this cycle of cuts in pursuit of ever-greater profits end?"

Bethesda union blasts Microsoft as Xbox layoffs hit the Fallout and Elder Scrolls studio, too: "When will this cycle of cuts in pursuit of ever-greater profits end?"

Xbox layoffs, studio closures could start in days

It sounds like many people at various Xbox-affiliated studios could lose their jobs soon.

Xbox 'reset' as Microsoft cuts 4,800 jobs

Xbox 'reset' as Microsoft cuts 4,800 jobs

Microsoft cuts 4,800 jobs as it navigates AI revolution

Microsoft said it will cut 4,800 jobs and restructure Xbox as it seeks to update its business model to adapt to rapidly changing technologies and the growth of artificial intelligence. “The way technology is built, deployed, and used is transforming faster than at any point in my time here,” EVP and Chief People Officer Amy []

PwC’s Move to Century City Is Another Blow to Downtown L.A.

The Los Angeles office market has shown measurable signs of recovery in recent months, but Downtown L.A. just suffered another high-profile setback. In a further extension of the larger flight-to-quality trend, accounting giant PricewaterhouseCoopers (PwC) is set to relocate from Downtown L.A. to Century City when its current lease expires in 2028, according to the []

Dad Allegedly Sent His Kids Into a Store to Steal a Video Game Console, Then Left Them Behind When They Got Caught

Thankfully, retail workers aren't stupid. The post Dad Allegedly Sent His Kids Into a Store to Steal a Video Game Console, Then Left Them Behind When They Got Caught appeared first on TwistedSifter.

Microsoft Eliminates 2% Of Workforce, Plans More Cuts For Xbox

Microsoft eliminated 4,800 positions on Monday and plans to cut about 20 of its Xbox division as it restructures amid the rapid advancement of artificial intelligence. Xbox will cut 3,200 roles this fiscal year, starting with 1,600 today, Xbox CEO Asha...

Microsoft lays off nearly 5,000 employees across Xbox, commercial sales

Microsoft cut around 4,800 roles, or 2.1 of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears of AI replacing jobs. The layoffs will hit Xbox and commercial sales the hardest.

Microsoft to cut nearly 2.5% of workforce in latest layoffs: Report

The layoffs will impact thousands of roles, including sales and consulting, as well as jobs at ​the Xbox gaming division, ‌the Business Insider report said

Backrooms extended cut releasing in theaters soon, with 15 minutes of "extra content" after the credits

Backrooms extended cut releasing in theaters soon, with 15 minutes of "extra content" after the credits