What you need to know
- Microsoft has cut 10,000 jobs across various divisions
- Over 60 jobs seem to be cut at 343 industries, the developer of Halo
- Bethesda Games Studios, the team behind Starfield, Fallout and The Elder Scrolls, also seems to be affected
Today Microsoft revealed they are cutting ten thousand jobs. It’s a massive round of layoffs across various divisions within Microsoft which will be completed on March 31st. The CEO of Microsoft, Satya Nadella, announced the layoffs today in a blogpost.
In the blog post he writes: ”We’re living through times of significant change, and as I meet with customers and partners, a few things are clear. First, as we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less” and he continues ”First, we will align our cost structure with our revenue and where we see customer demand. Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. This represents less than 5 percent of our total employee base, with some notifications happening today. It’s important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. We know this is a challenging time for each person impacted. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible.”
The divisions hit hardest seem to be HoloLens, marketing and Microsoft Edge. But, also at Microsoft Gaming jobs are being cut. Currently most reports of layoffs are coming from 343 industries, the development studio behind Halo. According to a report by Lords of Gaming, over 60 jobs were cut at 343i today. This means more than 10% of the workforce at the studio got cut.
Another studio being hit by layoffs is Bethesda Games Studios. Various reports are coming in from people losing their jobs at the Starfield studio. It’s unclear if other Xbox Game Studios / Bethesda SoftWorks studios have been hit with layoffs today.
It’s the second largest round of layoffs ever in Microsoft history. Back in 2014 when current CEO Satya Nadella was promoted Microsoft cut 18,000 jobs, mostly from the Nokia division.