Xbox says the sweeping overhaul is aimed at restoring profitability, flattening management, and preparing the gaming business for long-term growth after years of rising costs, slowing player ...

This week, Microsoft announced they were laying off over 3,000 staff at Xbox. What will the impact be on the company? And what do these layoffs say about the gaming industry right now?

Microsoft’s Xbox division is reportedly planning layoffs as new Xbox CEO Asha Sharma plans a “reset” for the beleaguered gaming business. Bloomberg, citing anonymous sources, first reported Wednesday ...