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Microsoft's CEO is happy with Xbox's layoffs-driven "streamlining"

Microsoft CEO Satya Nadella praises Xbox's ongoing restructuring, calling it 'great to see' despite thousands of job cuts. The company has eliminated 1,600 jobs earlier this year and an additional 268 jobs recently. Nadella feels 'fantastic' about Xbox's intellectual property portfolio.

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  • ✓ Microsoft CEO Satya Nadella called Xbox's ongoing job cuts 'great to see'.
  • ✓ Xbox has eliminated 1,600 jobs earlier this year and an additional 268 jobs recently.
  • ✓ Nadella feels 'fantastic' about Xbox's intellectual property portfolio.
  • ✓ The layoffs are part of a plan led by Xbox CEO Asha Sharma.
🛡️ Source Corroboration: 17 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

Microsoft CEO Satya Nadella publicly commented on Xbox's layoffs and restructuring, expressing satisfaction with the progress.

Live updates

  1. Microsoft CEO happy with Xbox layoffs-driven 'streamlining'

    Microsoft CEO Satya Nadella praises Xbox's ongoing restructuring, calling it 'great to see' despite thousands of job cuts. The company has eliminated 1,600 jobs earlier this year and an additional 268 jobs recently. Nadella feels 'fantastic' about Xbox's intellectual property portfolio.

    Why it matters

    The layoffs are part of a larger reset for Xbox under new leadership. Microsoft aims to deliver gaming to 'more and more people' by inventing the right business model. The company has also divested or shuttered several key studios in recent years.

    What is confirmed

    • Microsoft CEO Satya Nadella called Xbox's ongoing job cuts 'great to see'.
    • Xbox has eliminated 1,600 jobs earlier this year and an additional 268 jobs recently.
    • Nadella feels 'fantastic' about Xbox's intellectual property portfolio.
    • The layoffs are part of a plan led by Xbox CEO Asha Sharma.

    Still unconfirmed

    • The next Halo game from Halo Studios was reportedly still years away.

    What to watch next

    • Future Xbox game releases and their impact on the company's gaming business
    • Additional layoffs or restructuring in the gaming division
    • Microsoft's progress in inventing a new business model for gaming
    Sources used for this update (21)
    1. news.xbox.com — Continuing Our Reset
    2. Business Insider — Microsoft starts a new round of job cuts and the next phase of its Xbox 'reset.' Read the memo.
    3. Forbes — Why Activision Needs To Reboot ‘Halo,’ And From What Point
    4. Pure Xbox — Microsoft CEO Discusses His Goals For The Future Of Xbox, Feels 'Fantastic' About The IP Portfolio
    5. Aftermath — There Is No Plan
    6. IGN — Xbox 'Streamlining' Is 'Great to See,' Microsoft CEO Satya Nadella Says
    7. Eurogamer.net — Microsoft's CEO is happy with Xbox's layoffs-driven "streamlining" - here's what he said
    8. TechPowerUp — Microsoft CEO Says Xbox's "Streamlining" Is "Great To See" Following Recent Layoffs
    9. IGN — The Next Halo Game From Halo Studios Was Reportedly Still Years Away
    10. TechPowerUp — Halo Studios's Next Halo Game Was "Years Away"
    11. finance.yahoo.com — Microsoft CEO says Xbox's 'streamlining' process is 'great to ...
    12. www.techpowerup.com — Microsoft CEO Says Xbox's "Streamlining" Is "Great To See ...
    confidence 85%
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