ISTANBUL, Sept 12 (Bernama-Anadolu) -- Microsoft said Thursday it is cutting 650 jobs at its Xbox gaming unit, Anadolu Agency reported.
The move comes as the United States (US) based tech company aims to organise its business for "long-term success," according to a memo published by multiple news reports.
Microsoft said employees leaving would receive exit packages that include severance, extended health care and outplacement services.
Packages will differ outside the US, based on location.
Microsoft Gaming CEO Phil Spencer said there would be some effects to other teams in the company, as "they adapt to shifting priorities and manage the lifecycle and performance of games," said the memo.
The move marks the third time Microsoft has slashed its workforce in the gaming department after completing a US$69 billion acquisition deal of video game company Activision Blizzard in October 2023.
The company said in late January year it will lay off 9 per cent of its gaming division, months after closing the deal.
-- BERNAMA-ANADOLU
