New CEO says Xbox needs to rethink its portfolio in the weeks and months to come. Read more at straitstimes.com. Read more at straitstimes.com.

Microsoft’s (MSFT) Xbox division is preparing for major layoffs next month, Bloomberg reported. The cuts are expected shortly after Microsoft’s ...

Xbox is reportedly planning major layoffs in July 2026 as new CEO Asha Sharma reshapes Microsoft Gaming with leadership changes and cost-cutting measures.

Bloomberg says the bloodletting will be “major.”