Business

Xbox Announces Major Layoffs Amid Business Challenges

Updated 2026-07-06 14:25 UTC 1 source Negative

Microsoft’s Xbox division is undergoing a significant restructuring, with 3,200 employees facing layoffs. CEO Asha Sharma confirmed the drastic measures as part of efforts to address the company's current business challenges.

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Xbox Laying Off 3,200 Staffers, CEO Confirms: “Our Business Today Is Not Healthy”

Microsoft’s Xbox video game division is implementing “the most significant restructure” in its 25-year history, CEO Asha Sharma announced Monday, with 3,200 workers receiving pink slips. Of the projected layoffs, 1,600 will take immediate effect, with the balance occurring over the

2026-07-06 14:10 UTC