Microsoft restructures Xbox studios, handing Halo to Activision, and starts a new round of job cuts

Summary

Microsoft announced a massive restructuring of its Xbox studios on Tuesday 22 September, months after laying off 1,600 Xbox employees and selling off studios, The Verge reported: Activision is to take on the Halo and Sea of Thieves franchises, as well as Age of Empires. In a memo about the Xbox 'reset' published by Business Insider, Xbox executive Matt Booty wrote that 268 roles were being eliminated across Halo Studios, other first-party studios and the XGS management and central functions layer, and that a consultation on a proposed closure of Ninja Theory would begin. According to Business Insider, the new round of job cuts affects around 500 employees, mainly in the Xbox gaming division and a small number in other units like cloud + AI, as Xbox works through a plan to eliminate roughly 20% of its workforce by the end of Microsoft's fiscal year.

Latest: Microsoft announced a restructuring of its Xbox studios, with Activision taking on Halo, Sea of Thieves and Age of Empires, and a new round of job cuts affecting around 500 employees, 268 of them in Xbox's studios and management, according to Business Insider.

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