Microsoft CEO says Xbox is simply 'streamlining' after cutting over 5,750 jobs in three years
Microsoft CEO Satya Nadella described the company's extensive layoffs, which have affected over 5,750 employees since October 2023, as 'streamlining' under new Xbox boss Asha Sharma. Despite significant studio closures and job cuts, Nadella expressed confidence in Xbox's intellectual property and its ability to produce great games and achieve growth.
- Entities
- Company: King
- Company: Xbox Game Studios
- Company: Microsoft
- Platform: Xbox
- Company: Ninja Theory
- Person: Satya Nadella
- Topic: Business Strategy
- Company: Alpha Dog Games
- Topic: Layoffs
- Company: Compulsion Games
- Company: Activision Blizzard
- Company: Arkane Austin
- Company: DoubleFine
- Company: Undead Labs
- Company: Arkane Studios
- Platform: PC
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