Microsoft to cut 650 jobs from its Xbox unit in third layoff this year

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Microsoft to cut 650 jobs from its Xbox unit in third layoff this year - Business Standard

Quick Summary:

In May, the company announced the shuttering of four studios acquired as part of its $7.5 billion purchase of ZeniMax — one of which was ultimately sold instead.

No games, devices or experiences are being cancelled and no studios are being closed as part of these adjustments today.

Separately, as part of running the business, there are some impacts to other teams as they adapt to shifting priorities and manage the lifecycle and performance of games.