Latest News About Microsoft to cut under 2.5% of workforce

Microsoft plans to lay off under 2.5 percent of its global workforce. This move may involve shutting down of several Xbox game studios. The cuts follow prior job cuts and an internal review that examined the end of the Blade title. Reports indicate Xbox is weighing the shutdown of several development teams. Multiple outlets confirmed the scale of the upcoming redundancy round. Sources note the company aims to reduce costs. Microsoft states it will not reduce investment in games despite these actions. The trend emerged as part of broader changes. Five studios face possible closure amid the shifts.