Microsoft Lays Off Thousands of Xbox Employees, Closes Game Studios

Microsoft has made significant changes in its gaming division, laying off thousands of Xbox employees and closing several game studios. This move is part of a broader cost-cutting strategy as Microsoft shifts its focus towards artificial intelligence. The decision underscores the company's strategic pivot to prioritize AI investments over traditional gaming development, signaling a major shift in its business model and potentially impacting the future of its gaming services. For gamers, this could mean fewer new titles and a change in the company's gaming vision.