More Xbox Layoffs Reportedly Inbound as Company Attempts to Cut Costs
Microsoft execs aren't quite done yet.
In a week that has been something of a bloodbath for longtime rivals Microsoft and Sony, it appears that the dust hasn't quite settled yet for the Xbox platform holder, which just announced the closure of multiple internal studios. New reporting from Bloomberg's Jason Schreier indicates that more pain is coming down the corporate ladder as Microsoft's beleaguered gaming division attempts to cut costs further.
Citing unnamed sources who spoke on the condition of anonymity, Schreier says that this week, Xbox began offering voluntary severance packages to producers, quality assurance testers, and other ZeniMax staff. Microsoft purchased Bethesda's parent company in 2020 for the princely sum of $7.5 billion, and others across the Xbox organisation have reportedly been told that more cuts are coming. A spokesperson for the company declined to comment.
Read the full article on pushsquare.com