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Microsoft cuts 4,800 jobs, including many at Xbox in a ‘reset’ of its gaming division

Microsoft has announced 4,800 job cuts, heavily affecting its Xbox division. Citing unhealthy business margins and fierce competition, Xbox CEO indicates that more layoffs may follow, with 1,600 jobs at risk.

AP News· Jul 6, 2026 · 4:45 PM · 1 views

Microsoft has announced 4,800 job cuts, heavily affecting its Xbox division. Citing unhealthy business margins and fierce competition, Xbox CEO indicates that more layoffs may follow, with 1,600 jobs at risk. Full story and more reels: https://newsreel.video #Microsoft #Xbox #TechNews #Layoffs #Gaming

Originally reported by AP News. Read the full story →

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