Business
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www.fastcompany.com
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4 hours ago
An Xbox VP who spent 37 years at Microsoft was among those laid off yesterday
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Microsoft announced yesterday it would lay off 4,800 staffers, including 1,600 roles that were eliminated from its Xbox division yesterday. An additional 1,600 roles will be eliminated at Xbox through the fiscal year. In an email to staffers, Xbox CEO Asha Sharma said the company “bet on [subscription service] Game Pass, multi-platform, and a broader portfolio of content” to progress, but that “they did not grow at the pace we expected.” In the email, Sharma also announced structural changes to the company. Xbox’s corporate vice president of product services, Dave McCarthy, would leave his ...
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