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Bloomberg reporter Jason Schreier has released a new 30-minute video shedding additional light on the anticipated wave of layoffs at Xbox. In the video, Schreier expands on earlier reports, describing the coming cuts as severe and far-reaching. He states that the situation is "going to be pretty brutal" for many employees, suggesting that the reductions will affect multiple teams across the organization, not just one specific division.
Schreier explains that the layoffs are part of a broader cost-cutting initiative at Microsoft, which has been under pressure to streamline operations after its massive acquisition of Activision Blizzard. He notes that while some job losses were expected following the merger, the scale now appears larger than many inside the company had anticipated. The reporter emphasizes that the cuts are not limited to a single role or department, but will likely impact developers, producers, and support staff alike.
The video also touches on the timing, with Schreier indicating that announcements could come within days. He advises affected workers to prepare for a difficult period, as the industry continues to contract after years of rapid expansion. The full details remain unconfirmed, but Schreier's track record suggests the coming news will be significant and painful for the Xbox workforce.
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