Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

FORGOTTEN HISTORY: 4 | History Defined

Microsoft's $69 Billion Xbox Gamble Ends in 3,200 Job Cuts as Five Studios Face Axe

Xbox is undergoing a major restructuring, cutting 3,200 jobs and spinning off five studios, as Microsoft shifts focus towards AI and addresses declining profit margins.

International Business Times UK

Microsoft layoffs in July: Who is Asha Sharma? Meet the Xbox CEO who surprised fans with free consoles and is now at the center of Microsoft's layoff storm

Microsoft layoffs in July: Who is Asha Sharma? Meet the Xbox CEO who surprised fans with free consoles and is now at the center of Microsoft's layoff storm

Microsoft Xbox layoffs: Xbox CEO Asha Sharma is under the spotlight after Microsoft announced significant workforce reductions. Asha Sharma previously gained praise for distributing free consoles to thousands of fans at LA. The 36-year-old Indian-origin CEO previously worked at Meta, Porch, and Instacart before joining Microsoft again in 2024 as…

The Economic Times

Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a decline

Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a decline

Xbox will eliminate roughly 3,200 roles over FY27, with about 1,600 cuts effective immediately. Four studios — Compulsion Games, Double Fine Productions, Ninja Theory, and Undead Labs — will exit Xbox under new ownership.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

The games industry reacts to Xbox layoffs: 'We are clearly at a turning point'

3,200 employees are being put out of work, and people have thoughts.

"Today is a difficult day": So far, Xbox's cuts haven't targeted Blizzard (for now) — President Johanna Faries emails staff

The World of Warcraft and Overwatch maker seems to have largely been spared from Xbox's broader cuts, although the future remains uncertain.

Windows Central

Microsoft Purges Thousands of Staff as Leaked Executive Memo Exposes Historic $20 Billion Xbox Cash Collapse

Microsoft has cut thousands of jobs in its Xbox and sales divisions following a memo revealing significant financial losses. The layoffs mark one of Xbox's largest workforce reductions.

International Business Times UK

Bethesda union blasts Microsoft as Xbox layoffs hit the Fallout and Elder Scrolls studio, too: "When will this cycle of cuts in pursuit of ever-greater profits end?"

"In what is becoming a stressful annual routine, Microsoft has decided to lay off thousands"

inkl

Read news from The Economist, FT, and more,
with one subscription

Stocks Climb As Tech Maintains Momentum. Dow Jones Reaches Historical Milestone

Stocks Climb As Tech Maintains Momentum. Dow Jones Reaches Historical Milestone

Stocks posted broad gains on Monday as markets maintain momentum.

International Business Times

Report: Mass Xbox layoffs will impact Fallout and The Elder Scrolls devs Bethesda and ZeniMax "significantly" — they'll focus on their "biggest franchises" like DOOM

Report: Mass Xbox layoffs will impact Fallout and The Elder Scrolls devs Bethesda and ZeniMax "significantly" — they'll focus on their "biggest franchises" like DOOM

Microsoft's mass layoffs at Xbox have reportedly affected Bethesda and ZeniMax "significantly," though devs will still be able to work on their core IPs.

Windows Central

CEO admits Xbox sees three to 10 times lower margins than "comparable platform and publishing businesses" after Game Pass and multiplatform bets didn't pay off

CEO admits Xbox sees three to 10 times lower margins than "comparable platform and publishing businesses" after Game Pass and multiplatform bets didn't pay off

"Our business today is not healthy"

Xbox wants to entertain "more than a billion people each day" — and it’s restructuring the entire company to chase that goal

Xbox wants to entertain "more than a billion people each day" — and it’s restructuring the entire company to chase that goal

Xbox CEO Asha Sharma has outlined a long-term ambition to reach one billion daily players as Microsoft restructures its gaming business. The goal would require unprecedented growth, raising questions about how Xbox plans to expand its global reach.

Windows Central

Arkane founder asks Xbox CEO "how much" Microsoft wants for the studio: "I'm asking for a friend"

Arkane founder asks Xbox CEO "how much" Microsoft wants for the studio: "I'm asking for a friend"

Raphael Colantonio is now head of WolfEye Studios

"Mojang ... will now report directly to me": Xbox CEO takes direct control of Minecraft to better compete with Roblox as Microsoft's huge gaming cuts hit

"Mojang ... will now report directly to me": Xbox CEO takes direct control of Minecraft to better compete with Roblox as Microsoft's huge gaming cuts hit

As Microsoft's mass Xbox layoffs come down, Xbox CEO Asha Sharma assumes direct oversight over Minecraft, Candy Crush, and its development teams.

Windows Central

Exclusive: Xbox's CEO on 3,200 layoffs, four studios cut, and her blunt warning that 'we spread ourselves too thin'

Exclusive: Xbox's CEO on 3,200 layoffs, four studios cut, and her blunt warning that 'we spread ourselves too thin'

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including downsizing that will impact 20% of staff.

Get all your
news in one place.

100's of premium titles.
One news app.

Xbox in Chaos: Why Microsoft Just Axed 4,800 Jobs

Microsoft Corp. (NASDAQ:MSFT) stock fell more than 1% on Monday after the company unveiled another round of layoffs, even as technology stocks rallied. The Nasdaq gained 1.83%, and the S&P 500 rose 0.83%.

Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-up

About 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year.

Arkane temporarily spared in Xbox bloodbath thanks to French law, but its future is up in the air

Putting all my hopes and dreams on an independent Arkane.

The Economic Times

Microsoft cuts 4,800 jobs as it revamps Xbox

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be…

Get all your
news in one place.

100's of premium titles.
One news app.

Tom’s Hardware

Microsoft 'resets' Xbox by cutting 3,200 jobs this year, divesting five game studios — firm cites 'margins that are 3-10x lower than comparable platform and publishing businesses'

Xbox CEO Asha Sharma announced that Microsoft's gaming division will cut 3,200 jobs throughout FY27 and is spinning out studios but not canceling any games.

Xbox acquisitions have been a disaster: "In a typical year, we lost 64 cents for every dollar we invested"

"We have also learned that we are not the best home for every type of studio"

Xbox's CEO wants its games to cater to 'more than a billion people each day', or 24 times more than the peak population of Steam, which is delusional

Alternate title: Does Xbox CEO Asha Sharma know what a billion is?

The Independent UK

Microsoft lays off thousands of employees as Xbox CEO says business is ‘not healthy’

Microsoft eliminated approximately 2.1% of its global workforce

Xbox announces 'the most significant restructure' in its history — and it'll cause 1,600 'painful' job losses today and numerous studio sales

The rumors were true: Xbox announces thousands of job layoffs and some serious studio restructuring

Windows Central

Xbox hardware "is safe" from mass layoffs with a focus on innovation to reduce the material cost of Helix

Xbox hardware dodges mass cuts. Next-gen Project Helix is safe as engineers innovate to lower material costs.

Every studio affected by Xbox’s ‘reset’ – July 2026 layoffs

1 … 3 4 5 6

People

Raphael Colantonio

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Xbox Game Studios

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

417,579 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play