Microsoft’s Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported

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.”