BREAKING: XBOX will make major layoffs in July, Jason Schreier reports XBOX will also cut marketing budgets in

BREAKING: XBOX will make major layoffs in July, Jason Schreier reports XBOX will also cut marketing budgets in various parts of the business.As Asha Sharma said earlier, this is a restart of the business.She also sent the letter as the business's performance fell to 3% of its "accountability margin," a metric Microsoft uses to reflect profit margins.“Excluding Activision Blizzard King, we have spent more than $20 billion over the past five years on ongoing investments in our content, platform and hardware subsidies, yet our annual revenue has declined by nearly half a billion during that time.This cannot continue in the future.”Asha points out that they have lost their touch due to which their big franchises have not received enough funding.However, the latest showcase showed that they have some great exclusives to succeed.And, apparently, they will have to return to normal within the next 5 years. #game #Blizzard