Sep 12, 2024 04:55 PM IST
The roles to be eliminated are in “mostly corporate and supporting functions.”
Microsoft Corp. is cutting 650 jobs in the Xbox division, Bloomberg reported, adding that this is the third of such layoffs this year as the company tries to reduce costs and integrate its $69 billion acquisition of Activision Blizzard Inc.
The roles to be eliminated are in “mostly corporate and supporting functions,” the report cited a memo sent to the staff by Microsoft Gaming CEO Phil Spencer on Thursday, September 12, 2024.
However, “No games, devices or experiences are being cancelled and no studios are being closed as part of these adjustments today,” Bloomberg quoted the memo as saying.
