TechWhy Microsoft is pushing through a major restructuring of its Xbox business
Microsoft is undertaking a sweeping review of its Xbox gaming business. On July 6, the company announced that it would give up multiple game studios and cut staffing in the Xbox division by 20 percent. The first phase involves laying off 1,600 Xbox employees, with further reductions planned over the next year. The restructuring is presented against a backdrop in which the artificial-intelligence boom is cooling enthusiasm across the games industry.
Why Microsoft is pushing through a major restructuring of its Xbox business
Tech