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Tag: Tech Layoffs

US IT Job Market Plunges Deeper: BLS Revisions Spark Outcry, Commissioner Fired

US IT Job Market Plunges Deeper: BLS Revisions Spark Outcry, Commissioner Fired

US IT Job Market Plunges Deeper: BLS Revisions Spark Outcry, Commissioner Fired The US IT job market is facing a far more severe downturn than previously understood, following significant downward revisions to May and June’s Bureau of Labor Statistics (BLS) data and a reported 10,300 IT job losses in July. According to the latest revised BLS figures, the IT job market has shrunk by a staggering 26,500 jobs year-to-date in 2025. This alarming figure comes after the BLS dramatically revised…

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Xbox Division Faces Deep Cuts: Halo Studios Among 9,000 Microsoft Employees Laid Off

Xbox Division Faces Deep Cuts: Halo Studios Among 9,000 Microsoft Employees Laid Off

Xbox Division Faces Deep Cuts: Halo Studios Among 9,000 Microsoft Employees Laid Off Microsoft has initiated a sweeping round of layoffs, impacting approximately 9,000 employees globally, with a significant portion affecting its Xbox gaming division. The cuts, which began on Wednesday, July 2, 2025, have sent shockwaves through the company, including the critically acclaimed Halo Studios. At least five employees at Halo Studios were among those terminated, as the studio grapples with “organizational shifts” outlined in an email from Microsoft…

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