A new report has outlined that Microsoft is expected to layoff less than 4% of its workforce, totaling approximately 9000 employees. The layoffs will include staff from Microsoft’s gaming division, Xbox.
The news comes following weeks of rumors and speculation, which, by all accounts, were described as a potential bloodbath.
In a new report from Variety, it’s been claimed that the number of those affected is under 4% of Microsoft’s total workforce, which currently stands at 228,000. In short, that means that around 9000 people will be laid off.
The layoffs include Microsoft’s gaming division, Xbox, in which we published Phil Spencer’s memo to staff here.
“I recognize that these changes come at a time when we have more players, games, and gaming hours than ever before. Our platform, hardware, and game roadmap have never looked stronger. The success we’re seeing currently is based on tough decisions we’ve made previously. We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest opportunities. We will protect what is thriving and concentrate effort on areas with the greatest potential, while delivering on the expectations the company has for our business. This focused approach means we can deliver exceptional games and experiences for players for generations to come,” he said.
Today’s announcement marks the fourth round of layoffs at Microsoft and Xbox in the last two years.
In October 2023, Microsoft officially completed its acquisition of Activision Blizzard for $68.7 billion, making it the largest acquisition in the video game industry to date.
You can join the discussion about the latest Xbox news on the Insider Gaming forum today!
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Tom Henderson is Insider Gaming's Co-Founder and Editor-In-Chief. When he's not running one of the industry's leading independent video game websites, he's probably playing an FPS like Call of Duty,…
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