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Microsoft lays off more gaming staff in new cuts
The Xbox owner announces 650 jobs will go after cutting almost 2,000 earlier this year.
In a memo to workers shared online and verified by the BBC, Xbox boss Phil Spencer said "no games, devices or experiences are being cancelled and no studios are being closed" due to the latest layoffs. He said the decision to cut more jobs - about 3% of its gaming staff - was made "as part of aligning our post-acquisition team structure" and organising the business "for long-term success". The games industry has been hit by mass layoffs over the past two years following a rush of investments and acquisitions amid record profits and player numbers during the Covid-19 pandemic.
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