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Microsoft are reportedly laying off staff yet again, with "substantial cuts" at Xbox
- Microsoft is reportedly preparing for a fourth round of major job cuts at Xbox, with significant layoffs expected.
- The job cuts are anticipated to affect Xbox managerial staff and will be part of wider workforce reductions at Microsoft's gaming division.
- The exact number of layoffs is still undisclosed but is expected to be substantial.
- Previous reports suggested Microsoft could cut thousands of jobs, mainly impacting sales personnel.
- Microsoft has been conducting mass layoffs frequently, with significant numbers let go in recent years.
- Layoffs include 10,000 workers in January 2023, 1,900 in January 2024, 650 in September 2024, and approximately 6,000 last month.
- The layoffs have been linked to cost-cutting measures post the acquisition of Activision Blizzard by Microsoft.
- Microsoft has reported strong financial performance, with a net income of $25.8 billion in the latest financial quarter.
- This round of layoffs aligns with Microsoft's new financial year beginning after June 30, as per Bloomberg.
- The recurring pattern of job cuts in the industry raises concerns about the treatment of employees for financial gains.
- Microsoft has not confirmed the specifics of the reported layoffs.
- The gaming industry has faced a wave of job cuts in recent years, despite overall profitability in many companies.
- Bloomberg's report did not receive comments from Microsoft on the alleged upcoming layoffs.
- The situation highlights the ongoing challenges faced by employees in the gaming sector amid corporate restructuring.
- The frequency of layoffs underscores broader issues of job insecurity in the industry.
- The news reflects a common trend of layoffs following major acquisitions in the tech and gaming sectors.
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