Microsoft Lays Off Thousands Of Employees, Cancels Perfect Dark, Everwild, And More Xbox Games
Microsoft has laid off thousands of workers across its various divisions in the latest cost-cutting measures taken by the corporation, whose 2024 revenue exceeded $245 billion, a 16-percent increase over its 2023 revenue. Though the cuts have impacted several of the company's various divisions, Xbox appears to be hit particularly hard. This represents the fourth time in 18 months that Microsoft Gaming has laid off workers."We continue to implement organizational and workforce changes that are necessary to position the company and teams for success in a dynamic marketplace," an Xbox spokesperson said in an official comment provided to Game Informer. Alongside the official statement, Xbox PR confirmed that less than 4 percent of Microsoft's global workforce was impacted. However, according to Microsoft's official reporting, the company employs 228,000 people worldwide, which means 4 percent of the global workforce accounts for...
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