Xbox’s ‘restructuring’: all the news about Microsoft’s upcoming layoffs and studio closures

Xbox is making a big change – again. On June 10, a few months after Asha Sharma served as CEOhe is the newly promoted general that Matt Booty posted and memo for a staff warning about “Xbox reset.” The business, he said, is facing major challenges, including a 3 percent “record loss,” high prices for consoles due to memory and storage shortages, and “long-running” machines.

that same day, Seaside and Bloomberg He also said that the Xbox division is planning to retire in July. The cuts, expected to be announced on July 6, could include studio closures or spinoffs. SeasideTom Warren reported on June 30 that Microsoft wants to close at least five studios it is possible to ban games like Blade.

Read on for our full update on Xbox.