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REVEALED: 47 - The Real Truth

Game over for 20% of Xbox staff as Microsoft hits reset: We "didn’t focus on the core business,” CEO says. “We simply spread ourselves too thin.”

Everything you need to know before you reach the office this morning.

Fortune

4,800 Microsoft Roles Axed, With Xbox Losing 1,600 Staff Amid AI Focus and Company Overhaul

Microsoft plans to cut 4,800 jobs globally, with significant reductions in the Xbox division, as it realigns resources amid AI advancements and industry changes.

International Business Times UK

Digital Games vs. Physical Games: Here Is What's More Profitable, Says Analyst

Digital games and physical games have been pit against each other for a long time now. Here's what an analyst has to say about the comparison.

Player One

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

Xbox Game Pass Subscriber Growth Falls Short as Layoffs Expose Flaws in Microsoft's Gaming Strategy

Xbox Game Pass reportedly has just 30 million subscribers, far below projections, as layoffs and studio cuts raise concerns over Microsoft's strategy.

Player One

Xbox Reveals Stand on Restructuring, Confirms Plans for Bethesda's 'Fallout,' 'The Elder Scrolls,' and More

Xbox's restructuring plans have confirmed what the future holds for Bethesda's franchises, as well as other studios and games.

Player One

Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit

Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memory chip boom may be peaking. Analysts said strong earnings were already priced in, while concerns over slowing AI infrastructure spending triggered a sharp sell-off across semiconductor stocks.

The Economic Times

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

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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

View: Meta's cloud play will spice up Ambani-Adani rivalry

Meta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons Mukesh Ambani and Gautam Adani. Ambani's Reliance and Meta are partnering on a large data center project. This alliance addresses data sovereignty concerns for Indian businesses. It allows local…

The Economic Times

Windows 11 will soon be able to reinstall itself and your drivers without a USB drive via new 'Cloud Rebuild' recovery method

A new recovery option coming to Windows 11 will let you reinstall the OS and your drivers using the internet without a USB key, even when Windows itself is unbootable.

Windows Central

Obsidian was also hit by "the Microsoft sacrificial rituals," says laid-off RPG veteran who previously worked on Dragon Age and Mass Effect

About 25% of the studio has reportedly been impacted

GamesRadar

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.

PC Gamer

"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

As Microsoft's Xbox layoffs wrack Bethesda, the dev's union voices frustration — "When will this cycle of cuts in pursuit of ever-greater profits end?"

As Microsoft's latest wave of mass layoffs hit Xbox, the union of Fallout and The Elder Scrolls dev Bethesda responds to the "stressful annual routine."

Windows Central

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International Business Times UK

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.

Windows Central

Microsoft should be jealous of what this file explorer just shipped

A third‑party file explorer just added Tree View, better multi‑pane controls, and cleaner navigation, once again beating Microsoft’s own File Explorer.

Benzinga

Microsoft is Cutting 4,800 Jobs: Is AI To Blame? Yes And No

Microsoft Corporation (NASDAQ:MSFT) announced 4,800 job eliminations on Monday in a company note. The job cuts have sparked fears of artificial intelligence replacing human roles at one of the largest companies in the world, but the company has an explanation.

GamesRadar

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"

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news in one place.

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GamesRadar

Former Xbox boss wanted Halo 4 to have Diablo 3's most hated feature, dev says: "Game execs remain stupid detached money grubbing idiots"

Don Mattrick oversaw part of the decline that Xbox has yet to truly recover from

International Business Times

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

Stocks posted broad gains on Monday as markets maintain momentum.

The Economic Times

US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earnings

U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors remained cautious about Fed policy. Markets are now focused on upcoming earnings and Fed minutes for direction amid elevated rate uncertainty.

Barchart

Jefferies Says Microsoft Stands Out in Strong Cloud Spending as Azure Gains Market Share. What This Means for MSFT Stock.

Jefferies highlights Microsoft as a clear standout in the strong cloud spending environment.

Barchart

MSFT Stock Layoffs: What to Know as Microsoft Cuts Jobs in Xbox Unit

Microsoft stock sinks as the giant announces significant layoffs, primarily affecting its Xbox division. Here’s what the job cuts mean for MSFT shares.

Windows Central

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.

GamesRadar

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"

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