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Microsoft’s Xbox to Cut 3,200 Jobs as Part of Massive Reorganization
Bloomberg Television· 2026-07-06 14:10
Breaking. A few moments ago, Microsoft announcing 6400 layoffs, half of which will stem from its Xbox unit. Bloomberg's Jason Schreier covers the gaming industry.So, Jason, how much are these layoffs due to Microsoft's ailing fate in the stock market recently. And how much are they just just due to the fact that Xbox hasn't had a hit in forever. And what on earth are those staff doing.Yeah. So the Xbox organization specifically has been struggling for a couple of years now. They replaced their CEO in Februa ...