Microsoft Layoffs Hit Xbox Entertainment Studios Ahead of Closure
Microsoft is saying goodbye to about 2,100 of its employees, including a whole bunch from the Xbox Entertainment Studios division, which faces a complete closure in the near future.
Phil Spencer heads XES, which will retain its studio chief, Nancy Tellem, and executive vice president, Jordan Levin, in spite of major cuts. Tellem and Levin will stay on to tie up loose ends, like finding homes for series “Humans” and “Halo.” Currently, they’re in the midst of selling “Humans” to AMC while trying to transport “Halo,” which is produced by Steven Spielberg, to Showtime.
Following a July 17 announcement from the company, Microsoft will cut around 18,000 employees throughout the year, which started at the time of the announcement. Current reductions span various company divisions and countries around the world.
Satya Nadella heads Microsoft (and the layoffs) as the company’s CEO. The overall idea of the layoffs is to re-focus the business, and all dismissed employees will have the opportunity to receive severance.Tags: AMC, halo, humans, Layoffs, Microsoft, Satya Nadella, Showtime, Steven Spielberg, Xbox Entertainment Studios, XES