Microsoft said the cuts will affect multiple teams around the world, including in its sales and Xbox divisions.

Microsoft lays off 9,000 employees, with major cuts to its gaming division. Xbox titles like Perfect Dark and Everwild have been canceled, and studios like Rare, ZeniMax, Raven Software and King are affected.

These changes come at a time when we have more players, games, and gaming hours than ever before,” said Xbox head Phil Spencer in an email to staff.