Tech layoffs: microsoft cuts 650 jobs in Xbox division, CEO Phil Spencer says, “I know that it is difficult….”
TIMESOFINDIA.COM / Sep 12, 2024, 17:03 (IST)
microsoft announced it will lay off about 650 employees in its gaming division, primarily affecting corporate and support functions. This decision follows the $68.7 billion acquisition of Activision Blizzard. Xbox chief Phil Spencer stated that no games or studios are being impacted by these layoffs, which aim to streamline operations for sustainable future growth.