Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

HISTORICAL FACTS: 48 - Caught on Camera

Arkane founder asks Xbox CEO "how much" Microsoft wants for the studio: "I'm asking for a friend"

Raphael Colantonio is now head of WolfEye Studios

GamesRadar

Microsoft lays off nearly 5,000 employees with more expected

IN FULL

The Independent UK

Microsoft Is One of the Most Mispriced AI Stocks Today. Here’s Why It Is About to Surge Soon.

Microsoft is facing the brunt of software stock negativity while continuing to invest heavily in AI.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

"Mojang ... will now report directly to me": Xbox CEO takes direct control of Minecraft to better compete with Roblox as Microsoft's huge gaming cuts hit

As Microsoft's mass Xbox layoffs come down, Xbox CEO Asha Sharma assumes direct oversight over Minecraft, Candy Crush, and its development teams.

Windows Central

Exclusive: Xbox's CEO on 3,200 layoffs, four studios cut, and her blunt warning that 'we spread ourselves too thin'

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including downsizing that will impact 20% of staff.

Fortune

Arkane’s Blade project is reportedly "running over budget", and the studio’s future at Xbox is now in question

Fresh reports claim Marvel's Blade is running over budget and has been delayed, while Microsoft reportedly works to secure Arkane's future amid its wider Xbox restructuring.

Windows Central

Wisconsin residents file class-action lawsuit against Microsoft, alleging 'unreasonable and excessive noise' from data center

'Microsoft prides itself on being a good neighbor in the communities where we operate.'

PC Gamer

Read news from The Economist, FT, and more,
with one subscription

Xbox in Chaos: Why Microsoft Just Axed 4,800 Jobs

Microsoft Corp. (NASDAQ:MSFT) stock fell more than 1% on Monday after the company unveiled another round of layoffs, even as technology stocks rallied. The Nasdaq gained 1.83%, and the S&P 500 rose 0.83%.

Benzinga

Bethesda Game Studios and ZeniMax hit hard by Xbox layoffs, says union

ZeniMax Online Studios and id Software have survived the latest bloodbath at Microsoft, but it sounds like they've been cut deeply.

PC Gamer

My plea to Xbox fans of the divested studios — put your money where your mouth is

Xbox's freed studios have a lifeline. Now I implore fans to put their money where their mouth is and buy their games.

Windows Central

Microsoft shares fall over 1% after company announces to layoff 4,800

Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles eliminated. This restructuring follows substantial investments in gaming, including the Activision Blizzard acquisition.

The Economic Times

Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-up

About 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year.

Euronews

Arkane temporarily spared in Xbox bloodbath thanks to French law, but its future is up in the air

Putting all my hopes and dreams on an independent Arkane.

PC Gamer

Gaming's grim year continues with the Xbox reset, and it might not get better quick

Could things eventually settle down?

Get all your
news in one place.

100's of premium titles.
One news app.

PC Gamer

Microsoft says 'cryptographically relevant quantum computers could arrive sooner than previously expected' as it bumps its QSP timeline to 2029

As attacks get more advanced, security must follow.

The Economic Times

Microsoft cuts 4,800 jobs as it revamps Xbox

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be…

Tom’s Hardware

Microsoft 'resets' Xbox by cutting 3,200 jobs this year, divesting five game studios — firm cites 'margins that are 3-10x lower than comparable platform and publishing businesses'

Xbox CEO Asha Sharma announced that Microsoft's gaming division will cut 3,200 jobs throughout FY27 and is spinning out studios but not canceling any games.

GamesRadar

Xbox acquisitions have been a disaster: "In a typical year, we lost 64 cents for every dollar we invested"

"We have also learned that we are not the best home for every type of studio"

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

Microsoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant AI infrastructure spending. The company faces pressure to demonstrate returns from its substantial AI investments. Microsoft's Azure cloud business sees growth, but data center costs are impacting cash flows.…

TechRadar

Microsoft is spending $2.5bn on deploying AI engineers to its customers

Days after Amazon announced a $1 billion forward-deployed engineer program for AI, Microsoft revealsits $2.5 billion alternative.

PC Gamer

Xbox's CEO wants its games to cater to 'more than a billion people each day', or 24 times more than the peak population of Steam, which is delusional

Alternate title: Does Xbox CEO Asha Sharma know what a billion is?

Windows Central

"AI is changing how work gets done": Microsoft insists 4,800 layoffs aren't because of AI, but points to a shifting workforce

Microsoft announced 4,800 layoffs, heavily impacting its Xbox and gaming-related divisions. While Microsoft's Amy Coleman clarified these roles are not being eliminated because of AI, her letter to employees emphasized how automation is fundamentally changing work.

PC Gamer

Compulsion Games is returning to independent management amid sweeping Xbox reorganization: 'Our immediate priority is to support our team'

Evading its previously-reported closure, Compulsion will retain its IP rights as it transitions to independent ownership.

The Independent UK

Microsoft lays off thousands of employees as Xbox CEO says business is ‘not healthy’

Microsoft eliminated approximately 2.1% of its global workforce

TechRadar

Xbox announces 'the most significant restructure' in its history — and it'll cause 1,600 'painful' job losses today and numerous studio sales

The rumors were true: Xbox announces thousands of job layoffs and some serious studio restructuring

1 … 47 48 49 50

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Bethesda Game Studios

176 stories

Arkane

172 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.