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Microsoft to Lay Off Thousands; Xbox Chief Says Gaming Division Cuts Will Remove ‘Layers of Management’
Microsoft is set to layoff thousands of employees worldwide Wednesday, including some in the Microsoft Gaming division.
“We continue to implement organizational and workforce changes that are necessary to position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson said Wednesday. See below for Microsoft Gaming chief Phil Spencer’s memo to staff, which was sent Wednesday and obtained by Variety, announcing the company-wide layoffs and how they will impact Xbox below. HR is working directly with impacted employees to provide severance plan benefits (aligned with local laws), including pay, healthcare coverage, and job placement resources to support their transition.
Or read this on Variety
