Report: Xbox plans major layoffs as new CEO pushes restructuring effort
Summary
Xbox is preparing for major layoffs and broad budget cuts as its new CEO pushes a restructuring effort. The move comes after weak console sales, a lack of blockbuster releases, and pressure on subscriptions and cloud gaming. The company also plans to rebuild platform infrastructure and review its portfolio in the coming months. This creates a likely ripple effect across internal systems, infrastructure, and vendor support needs.
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