Microsoft Cuts 4,800 Jobs, Xbox Division Hit With 1,600 Layoffs
Microsoft has laid off 4,800 employees, with 1,600 from the Xbox division. Double Fine and Compulsion Games are becoming independent studios again. Ninja Theory and Undead Labs are reportedly being sold. Xbox CEO Asha Sharma called it a 'reset' and said 20% of the division's workforce will be cut by July 2027.