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Microsoft to cut 4,800 jobs in major Xbox and gaming division ‘reset’

Fast Company 06 July 2026 4h ago
Microsoft to cut 4,800 jobs in major Xbox and gaming division ‘reset’
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Microsoft is cutting 4,800 jobs , about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to “reset” Xbox as it faces heightened competition, the company said Monday. “Our business today is not healthy,” said a memo from Xbox CEO Asha Sharma, wh
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