What Happened
Microsoft is preparing for another round of job cuts that will impact thousands of employees. The company plans to reduce its workforce by under 2.5% in this latest round of layoffs.
These workforce reductions are occurring as Microsoft increases its investment in artificial intelligence (AI). The company is reallocating resources to focus on AI development and integration.
Within the Xbox division, there are also reports of significant changes. Microsoft is reportedly considering canceling the development of the game 'Blade' and closing the Arkane Austin studio. Additionally, the Arkane Lyon studio is reportedly being shuttered.
Key Facts
- 1
Microsoft plans a new round of layoffs.
- 2
The layoffs are expected to impact thousands of roles.
- 3
The reduction is estimated to be under 2.5% of the workforce.
- 4
Microsoft is increasing investment in artificial intelligence (AI).
- 5
Xbox is reportedly considering canceling the 'Blade' game.
- 6
Xbox is reportedly considering closing Arkane Austin.
- 7
Arkane Lyon is reportedly being shuttered.