Several weeks after Xbox admitted it's "overextended" with its business and it was reported that Microsoft would begin "major layoffs" in July, those cuts have now begun to hit the firm. In total, 4,800 roles are being eliminated, with 3,200 of them — roughly 67% — being Xbox game dev positions.
Amid the mass layoffs, Xbox CEO Asha Sharma has addressed the situation in a letter to staff that was also shared publicly, writing that the Xbox team's reduction is a painful but ultimately necessary step in working to "reset" the brand.
