Microsoft laid off 4,800 workers including 1,600 at Xbox while receiving 2,273 H-1B visa approvals, sparking backlash over its AI-driven restructuring

Xbox cut 1,600 jobs on Monday, July 6 and will axe a further 3,200 jobs throughout the 2027 financial year - this comes after major job cuts at the video game company just two…

Microsoft cuts 4,800 jobs with 3,200 at Xbox as margins lag competitors. Here's what the largest Xbox restructuring means for gaming and crypto investors.