Xbox Division Reportedly Prepares for Significant Layoffs and Business Restructuring

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-11
Category: business
Source: Quartz
Original source

Microsoft's Xbox division is reportedly planning substantial workforce reductions and budget cuts as part of a business reset initiated by new CEO Asha Sharma. These measures follow a decline in revenue and a reduced accountability margin for the gaming unit. The layoffs are anticipated after the current fiscal year concludes.

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