Browsing: layoffs

We chat with Mike Futter from the Virtual Economy Podcast about Microsoft’s sad Xbox trajectory

Autumn Mitchell has been an avid gamer since she was gifted a Super Nintendo at 5 years old

The latest wave of layoffs at Microsoft’s Xbox which is set to cut a total of 3,200 jobs by July 2027 is set to have significant consequences across every studio still under the umbrella. id Software is among the developers that has been impacted the most, as not only 136 developers were laid off from…

Xbox CEO Asha Sharma is reportedly betting heavily on major Bethesda Game Studios franchises like The Elder Scrolls and Fallout, yet it is exactly the studios behind The Elder Scrolls that are among the most affected by the recent layoffs

Xbox chief executive Asha SharmaCredit: David Paul Morris/Bloomberg via Getty Images

The US Federal Reserve has announced the industry leaders who will head up its various task forces guiding monetary policies. The country’s central bank has made some baffling appointments to its productivity and jobs team, which will “Assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve’s policy judgments.”

Layoffs once again hit games outlet GameSpot on Thursday. Owner Fandom cut the site’s entire commerce team, as well as vice president of games and entertainment Chris Grant

Xbox CEO Asha Sharma wants the company’s core to be healthy, amidst a debacle of 3,200 job cuts and multiple divestments

(Bloomberg) — Microsoft Corp.’s Xbox spent nearly $80 billion in the last decade on deals that would give it popular video game titles like Call of Duty and Skyrim, betting that gamers would flock to its Netflix-like subscription service offering hundreds of options for endless play

Now, Microsoft is cutting 4,800 roles, with 1,600 impacting its Xbox division today. In an email to employees, Xbox CEO Asha Sharma called it “the most significant restructuring in Xbox history.”