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Microsoft makes deep Xbox job cuts and cancels games
Microsoft's gaming division is laying off hundreds of employees as part of a cost-cutting strategy, impacting subsidiaries like King and ZeniMax, with approximately 200 jobs lost in King alone. This decision comes amid broader layoffs across the company, including further cuts in other gaming units such as Raven Software.
Key points
- Microsoft is undergoing significant job cuts within its gaming division.
- The layoffs include approximately 200 employees from King's division, which is responsible for Candy Crush.
- Other divisions like ZeniMax and Raven Software are also reducing their workforce.
- The cuts are part of Microsoft’s strategy to control costs amid economic pressures.
Why it matters
- The layoffs reflect a larger trend in the tech industry where many companies are reducing workforce as they deal with economic uncertainties and seek profitability.
- By 2025, IT trends indicate a continued emphasis on cost management and efficiency in gaming and software sectors.
Microsoft's cuts in its gaming division underscore the ongoing challenges in the tech industry, highlighting the need for companies to adapt to shifting economic landscapes to maintain profitability.