Xbox Restructures Amidst Layoffs and Potential Spin-Off
Xbox is undergoing a significant restructuring, including substantial layoffs and studio sales, as its business is deemed unhealthy. New leadership is reportedly considering spinning off the division to improve financial sustainability. This comes as some speculate Xbox may integrate further into the Windows platform.
Coverage across 4 outlets
The Sunday Papers
Criterion Games, known for racing titles like Burnout and Need For Speed, is now solely focused on developing for the Battlefield series, as confirmed by studio leadership. Meanwhile, an analysis of Xbox's recent restructuring highlights the company's significant layoffs and the challenges faced by the division, drawing parallels to past industry missteps.
Xbox Says It Must Reset Because Its Business Is “Not Healthy”
Xbox is undergoing a significant restructuring, including 3,200 job cuts and the sale of studios, as part of CEO Asha Sharma's plan to address business challenges and reach a goal of entertaining one billion daily users. This move indicates a strategic shift to streamline operations and ensure the long-term health of the Xbox business.
Report: Microsoft weighing up spinning off Xbox
Microsoft is reportedly considering spinning off or restructuring its Xbox division as a wholly owned subsidiary to improve its financial sustainability. New Xbox boss Asha Sharma has reportedly received approval to increase spending on key franchises like Halo and Fallout to accelerate development, despite recent revenue declines and plans for further layoffs.
"Xbox will dissolve into Windows," ex PlayStation boss says, which is Microsoft's "strength"
Former Sony Interactive Entertainment president Shuhei Yoshida speculated that Xbox will be integrated into Microsoft's Windows platform, calling it Microsoft's strength. This prediction follows reports of significant layoffs within the Xbox division under new CEO Asha Sharma, amidst declining hardware sales and an increasing trend of Xbox titles releasing on PlayStation 5.
