Latest News About Microsoft plans small global layoffs

Microsoft plans to lay off under 2.5 percent of its entire staff. This move includes potential closures of several Xbox game studios. The cuts follow prior job cuts and an internal review that examined the end of the Blade title. Reports indicate Xbox is considering the closure of Arkane and other studios. Multiple outlets confirmed the scope of the next layoff phase. Sources note the company aims to trim expenses. Microsoft states it will not reduce investment in games after the cuts. The trend emerged following industry shifts. Several teams face possible closure amid the shifts.