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Top executives lose their job as Microsoft shuts down Xbox Entertainment Studios

Top executives lose their job as Microsoft shuts the Xbox Entertainment Studios: Report

Microsoft announced earlier that it will be shutting down its Xbox Studio as part of the latest massive restructuring at the company. The day has arrived. The company has reportedly shut down Xbox Entertainment Studios. As part of the layoffs of 18,000 employees, Xbox Studios’ head Nancy Tellem and executive vice president Jordan Levin were also let go.

Created in September 2012, Xbox Entertainment Studios (XES) was headed by former CBS chief Nancy Tellem. Her role was to create original shows that the company could cater to its users who were already watching movies and TV shows. “Nancy and Jordan were key members and visionaries for the XES team, and we thank them for their leadership and many contributions,” a Microsoft spokesperson said.

Earlier this year, the company was rumored to be in talks with several Hollywood giants for a possible partnership or buyout. But sadly, that didn’t work out. As announced earlier, the company will still release the digital series Halo Nightfall. Furthermore, the company insists that the Halo television series, which is said to be produced by Steven Spielberg, is still in the making.

Photo credit: Mstarz

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