Xbox is under attack again: Microsoft prepares a new wave of mass layoffs

According to Bloomberg's Jason Schreier, Microsoft is planning a new wave of layoffs at its Xbox division. These cuts are likely to be part of a large-scale reorganisation of the company. Although there are no specific details yet, reports indicate that managers of various Xbox teams are expecting "significant" job cuts.

Here's What We Know

While the details of the planned layoffs are likely to become clearer in the coming days, this is becoming a surprisingly common occurrence at the company. This wave of layoffs follows a large one in May, when the company cut around 6,000 employees across various departments and teams, including Xbox.

The cuts are likely to follow Activision's acquisition of Blizzard, which cost the company $69 billion in 2023. Since then, the Xbox division has reportedly been under pressure from Microsoft's senior management to increase revenues and profitability. This may indicate that the company is trying to optimise its operations and return on investment after such a significant acquisition.

Source: Bloomberg