Latest / Durham News Today | 2 Min News | The Daily News Now!
Xbox Reset: 4800 Jobs Cut at Microsoft | Durham News
Microsoft is slashing 4,800 jobs, including 1,600 from Xbox, as part of a major reset for its gaming division. Xbox CEO Asha Sharma admits the business is struggling with low profit margins and a crippling hardware shortage. Another 1,600 layoffs are expected this fiscal year, plus four acquired studios are being spun off. These cuts are part of a broader restructuring driven by shifting customer demands—not AI. It’s a sobering sign of Xbox’s fight to survive in a tough, expensive market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.