Xbox Layoffs: Microsoft Gaming Division Announces Major Job Cuts and Budget Slashes, Say Reports
Microsoft’s Xbox division is planning significant layoffs and budget cuts following the end of its fiscal year on 30 June. CEO Asha Sharma confirmed the “business reset,” citing a decline in annual revenue despite USD 20 billion in investments. The move aims to address low profit margins and surging costs for critical hardware components.
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Xbox Layoffs: Microsoft Gaming Division Announces Major Job Cuts and Budget Slashes, Say Reports Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Latestly https://a2zai.ai/bytes/xbox-layoffs-microsoft-...
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