Unionized Xbox developers held a press conference to voice concerns as Microsoft reportedly prepares for significant layoffs. These workforce reductions are expected to occur after the current fiscal year concludes.
Xbox is implementing significant layoffs and a broad restructuring following new CEO Asha Sharma's call for a business reset. Declining revenues and strategic overextension are cited as key reasons for the workforce reductions. The move impacts various studios, with some fighting for survival amidst the changes.