News Summary

• Deals to sell off Ninja Theory fell through over the summer.
• 1,600 Xbox employees were impacted by layoffs in July.
• Xbox CEO Asha Sharma described the cuts as “the most significant restructure in Xbox history” Today’s layoffs are part of the 3,200 roles that were previously confirmed to be impacted over the course of Microsoft’'s 2027 financial year (which ends in June 2027)“We are eliminating 268 roles across Halo Studios, other first-party studios, and the XGS management and central functions layer,” says Xbox chief content officer Matt Booty in a memo.