Microsoft is planning its fourth major round of Xbox layoffs since January 2024
Microsoft managers are expecting a major round of layoffs at Xbox next week, according to reporting by Bloomberg. The cuts will coincide with the end of the company’s fiscal year.
The layoffs will mark the fourth major round for Xbox since January 2024, when the company cut 1,900 jobs about three months after officially acquiring Activision.
Xbox has reportedly been under pressure to boost profit margins in an industry that’s been dinged by tariffs, increased competition, and expanding budgets.
At the same time, Xbox is shaping its next console generation, which appears to be more closely aligned with Microsoft and PC gaming than ever before.
Sony’s PlayStation has similarly performed layoffs and game cancellations in recent months, along with studios like Electronic Arts.
Xbox has reportedly been under pressure to boost profit margins in an industry that’s been dinged by tariffs, increased competition, and expanding budgets.
At the same time, Xbox is shaping its next console generation, which appears to be more closely aligned with Microsoft and PC gaming than ever before.
Sony’s PlayStation has similarly performed layoffs and game cancellations in recent months, along with studios like Electronic Arts.