job losses in gaming.
If Microsoft could get out of the hardware business they absolutely would.
It's not safe out there Hazel.
It's World Business Report from the BBC World Service.
This is Andrew Peach.
On the way, we'll hear why Microsoft is making cuts to Xbox.
Also today, as NATO leaders head for Turkey to haggle over defence spending,
we'll get advice from a former Prime Minister of Sweden.
And at the World Cup, the benefits of hosting and the cost of an early exit.
We'll hear from Mexico City's Minister of Tourism.
But let's start World Business Report with this.
Xbox today microsoft announced it's cutting nearly 5 000 jobs about two percent of its workforce
and most of those cuts will hit the xbox team as part of the shake-up it's selling
four game development studios responsible for hugely popular games like these it's not safe out there hazel night's
just getting started That's Hellblade, South of Midnight and Blade, all Xbox favourites made by Xbox Studios.
To find out more, let's talk to BBC Newsweek's gaming reporter Tom Richardson.
Tom, thanks for being with us.
Just tell us a bit more about what Microsoft have announced.
Hi there, yes.
So Microsoft has announced 3,200 job costs across its Xbox gaming division.