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 rest of fiscal 2027. In addition to the job cuts amounting to a 20%…