Topic: microsoft financial performance

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  • Phil Spencer: Xbox Future Strong Despite Microsoft Gaming Layoffs
    July 3, 2025
    85%

    Phil Spencer: Xbox Future Strong Despite Microsoft Gaming Layoffs

    Microsoft's gaming division is undergoing significant layoffs, including a 10% reduction at King and additional cuts across European and U.S. studios, as part of broader corporate restructuring. Despite workforce reductions, Microsoft reports strong financial performance, with record revenue of $...

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  • Microsoft Cancels ZeniMax's New MMO, Lays Off Thousands
    July 3, 2025
    70%

    Microsoft Cancels ZeniMax's New MMO, Lays Off Thousands

    Microsoft's workforce cuts led to the cancellation of ZeniMax Online Studios' unannounced MMO *Blackbird*, a new IP in development since 2018, with key team members confirming layoffs. The layoffs are part of Microsoft's broader restructuring, eliminating 9,000 jobs despite the company's $88.1 bi...

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Related Topics

microsoft layoffs (2) gaming division restructuring (1) xbox leadership perspective (1) shift towards ai (1) employee impact (1) industry criticism (1) future challenges xbox (1) everwild cancellation (1)
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