Microsoft Xbox Prepares to Cut Hundreds of Jobs

Xbox is preparing to cut hundreds of jobs this week and streamline certain studios, according to a media report citing an unnamed source.

The anticipated layoffs follow CEO Asha Sharma's July announcement of the most significant restructure in Xbox history, targeting a team reduction of approximately 3,200 throughout the 2027 financial year.

Ms. Sharma stated that the business was not healthy due to low margins compared to rivals, aiming to return the company to growth by the end of FY27.