Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years.

With numerous canceled games and a shuttered studio, the Xbox cuts were still less than half of the 9,000 lost jobs

Microsoft announce massive layoffs, including Xbox. Multiple games are cancelled, and rumors claim Phil Spencer won't remain at the company.

While some other European gaming offices are also cutting, US units are reportedly being informed later Wednesday. Phil Spencer, CEO of Microsoft Gaming, sent an email to all Microsoft Gaming employees regarding the layoffs,

Microsoft announced it will lay off around 9,000 employees. It’s the tech company’s second round of major layoffs this year and its largest in more than two years, according to The Associated Press. Here’s everything we know about the cuts and how it’ll affect Microsoft moving forward.