The incredible shrinking Xbox: Five studios, 3,200 employees let go
Summary
Ars Technica reports that Microsoft is shrinking the Xbox division, laying off 3,200 employees across five smaller studios (about 20% of the gaming unit) as part of a broader reset. The move includes divesting several smaller studios, reassigning or selling others, and refocusing investment on flagship franchises like Call of Duty, Fallout, and Halo, while aiming to flatten management and curb spending on indie acquisitions.