Economy · World
Microsoft's Xbox Division Conducts Further Employee Layoffs
Microsoft's Xbox division is implementing additional employee layoffs as part of a reorganisation of its game studios. This follows a "reset" announced by Xbox in July, which planned for 3,600 job losses overall. The company is reportedly consolidating studios, with Activision's Call of Duty team set to develop the next Halo game. Xbox has been facing challenges including declining revenue and profit margins.
How outlets across the spectrum covered it
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- Centre (7): BBC News, Metro (UK), Mint, Outlook India, The Economic Times, The Free Press Journal, The Indian Express