The Verge obtained an internal memo penned by Xbox head Phil Spencer stating that the company is eliminating 650 positions. He noted that these cuts directly relate.
In a nutshell: Microsoft is chopping heads in its gaming division again. This morning, Phil Spencer notified corporate and support workers that Xbox no longer needed their services. The cuts are related to Microsoft’s continuing effort to restructure after buying out Activision. So far, Redmond has laid off at least 11.5% of its gaming division this year.
The Verge obtained an internal memo penned by Xbox head Phil Spencer stating that the company is eliminating 650 positions. He noted that these cuts directly relate to Microsoft’s post-acquisition restructuring. The cuts are mostly «corporate and supporting functions.»
Impacted employees will receive a severance package, extended healthcare benefits, and outplacement help.
