Microsoft cutting another 4800 jobs and selling major studios

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subcon959

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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.

:arrow: Source
 
Is it finally the beginning of the so needed videogame market crash?
Xbox is on the ropes (thanks to their stupid decisions) and Sony with the greedy move of ending physical media, plus all the current consoles prices (and games) makes this the perfect time for a crash.

We need a reset on the market. It has become unsustainable for the majority of consumers.
 
I didn't even know they owned Double Fine. Good they're selling studios instead of just shutting them down.

Yeah, it's just to make money back but it's a positive outcome. They are still deciding Arkane's fate though so not sure if they will shutdown or sell.

Also, id Software have been gutted by 50% of employees. This is insane.
 
Last edited by subcon959,
I wish they would sell Rare, ngl
Sadly, I don't see it happening as long as Xbox Game Studios exists, and there's no reason they'd shut down Xbox as long as they have the PC market. :(
They'll probably hold on to Rare until the very end as their "trump card", even though they don't do anything worthwhile with it.
 
I'm reading that this efectively means the end of the id Tech engine. I'm guessing this new CEO has never played a game in her life? She's has just killed the best engine in gaming.
The engine is fine; it will continue. And it is absolutely unnecessary for the CEO of a gaming company to play a game. Gamers are some of the dumbest, least informed, and least business-savvy people on planet Earth (go read the comments about Sony, MSFT, and Nintendo over at GBATemp.com if you don't believe me). These studios, for whatever reason, were not making MSFT profits. Pure and simple. They had to go or be massively reformed. She wasn't brought in after leading one of the most profitable businesses any company has ever had to continue doing what the previous Xbox boss was doing. This needed to be done. Stop whining about it.

As for the billions in revenue that both Xbox and Sony continue to take in with their very successful (overall) gaming businesses, no @Bladexdsl, neither one of them is on suicide watch just yet. 🤣
 
That's a shame. It must be so disheartening to try and keep work in the industry right now.

Gaming mostly exists in indie titles for me now, I'd rather prop up smaller studios/individuals than fund whatever the hell all this is.
 
I wish they would sell Rare, ngl
I don’t know who’s going to like hearing this but if they do sell Rare, sell it to Nintendo, maybe they will do something with it.
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and the race is on who will kill their brand first sony or Microsoft. taking all bets now!
Most likely Sony, Microsoft might leave the console market though and just stick to pc.
 

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