Home / Business / Microsoft Xbox layoffs: 20% of staff to go. We “didn’t focus on the core business,” CEO says.

Microsoft Xbox layoffs: 20% of staff to go. We “didn’t focus on the core business,” CEO says.

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

ONE BIG THING
Mass layoffs at Microsoft as Xbox sheds 20% of staff
Asha Sharma, CEO of Xbox, unveiled the largest restructuring in its history in what she described as a fundamental reset of how Xbox operates and invests, Fortune’s Sebastian Herrera … [8364 chars]

Source: Fortune | Published: 2026-07-07T08:58:07Z

Credit: Fortune

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