They are at it again. This time Microsoft are laying off 4800 employees, with around 1600 of those being in the Xbox division. In fact, the plan is to lose 20% of the total staff at Xbox over the next 12 months.
They are also selling off 4 big studios: Doube Fine, Compulsion Games, Ninja Theory and Undead Labs.
It's all part of a major reset by new CEO Asha Sharma.
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