Xbox’s July Layoffs Could Involve Studio Closures – Rumor

Warren’s report comes shortly after Bloomberg’s Jason Schreier reported that the company is planning to undergo major layoffs in July. According to Schreier, this is Xbox CEO Asha Sharma’s attempt at mitigating the revenue losses that the division will be reporting at the end of its fiscal year on June 30th. Along with job cuts, spending across various divisions, including marketing, will also be slashed. Xbox itself hasn’t made any comment about the report at the time of publishing.








