- In implementing the layoff of 10,000 workers announced last month, microsoft corp MSFT Jobs have reportedly been cut in units such as Surface devices, HoloLens mixed reality hardware, and Xbox.
- Microsoft’s downsizing of the HoloLens hardware team has sparked speculation as to whether the company will produce a third iteration of the glasses outside of a planned version for the US Army, Bloomberg said reports.
- The Xbox Gaming Unit saw cuts in marketing and the Xbox Gaming Ecosystem Group.
- Microsoft said it remains committed to mixed reality space and the current HoloLens 2 release.
- Microsoft laid off 617 Seattle-area workers.
- In January, downsizing hit Microsoft’s video game studio gloriole games and others Workers in the mixed reality groupincluding part of the team working on the US Army version of HoloLens.
- The Congress’ Rejection of the army’s application for $400 million to buy up to 6,900 combat goggles cast doubt on the prospects of the HoloLens hardware business.
- Price promotion: MSFT shares traded 1.22% lower at $260.41 on the last check Friday premarket.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story
