Xbox Announces 3,200 Layoffs for Fiscal Year 2027, Four Studios to be Released
Xbox CEO Asha Sharma announced significant layoffs affecting approximately 3,200 employees, with 1,600 layoffs occurring immediately. Four studios—Ninja Theory, Compulsion Games, Double Fine Productions, and Undead Labs—are being released. Sharma cited lower-than-comparable margins and industry hardware challenges as reasons for the restructuring, aiming to reset Xbox's business focus.
- Entities
- Company: King
- Company: Blizzard Entertainment
- Company: Activision
- Company: Ninja Theory
- Topic: Business Strategy
- Topic: Layoffs
- Company: Compulsion Games
- Company: Bethesda
- Company: Mojang
- Platform: PlayStation
- Company: Undead Labs
- Company: Xbox
- Company: Arkane Studios
- Topic: Game Development
- Person: Asha Sharma
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