Xbox is reportedly planning yet more layoffs soon. An internal email to employees from CEO Asha Sharma puts the blame on the company's wide investment in new content and studios – a big bet which has seemingly failed to pay off.
Bloomberg reports that Xbox plans to announce "major" layoffs soon after Microsoft's fiscal year ends on June 30. Alongside the cut jobs, the company is also said to be "significantly" cutting budgets for marketing and other, unnamed parts of the business.
