Microsoft is laying off about 7,000 workers, around 3% of its workforce, even after reporting record earnings of $70 billion and nearly $26 billion in profits. The cuts hit various teams, including Xbox and Bethesda, raising eyebrows about the company's strategy. Gaming CEO Phil Spencer claims these layoffs are necessary for a sustainable business model, but they leave many fans worried about the future of their favorite franchises.
Published on: 5/13/2025
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