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Business Insider
Business Insider
US · 36 mins ago
How Xbox became the poster child for the video game industry's struggle
Microsoft's Xbox made some big bets that haven't paid off. INA FASSBENDER/AFP via Getty Images Microsoft is cutting 3,200 jobs from its Xbox business as part of a broader companywide reduction. Xbox CEO Asha Sharma told employees the business is "not healthy." The video game unit made big bets that failed to drive enough growth, analysts told Business Insider. The video game industry's problems are crystallizing inside Microsoft's Xbox. A fresh round of layoffs at the tech giant's games divisi
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