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Microsoft (MSFT) on Monday announced it is cutting 4,800 roles across the company, roughly 2.1% of its workforce. The bulk of the layoffs, 3,200, will come from Microsoft’s Xbox division. 

Twenty percent of Xbox’s workforce is gone. CEO Asha Sharma confirmed in an internal memo that roughly 3,200 jobs will be eliminated over Microsoft’s fiscal 2027, with 1,600 cuts hitting immediately. The headline number isn’t the story. The story is what Sharma said next: Xbox lost 64 cents on every dollar it invested in content.…

Microsoft’s gaming brand cut 1,600 employees on Monday, with an additional round of layoffs expected before June 2027, according to an employee memo from Xbox CEO Asha Sharma. The layoffs are part of a massive restructuring by Microsoft, which is cutting about 2.1% of its total workforce, or roughly 4,800 employees. 

Microsoft (MSFT) on Monday announced it is cutting 4,800 roles across the company, roughly 2.1% of its workforce. The bulk of the layoffs, 3,200, will come from Microsoft’s Xbox division. 

Microsoft‘s Xbox video game division is implementing “the most significant restructure” in its 25-year history, CEO Asha Sharma announced Monday, with 3,200 workers receiving pink slips

Microsoft has commenced what it describes as the “most significant restructure in Xbox history” and confirmed it will be eliminating 3,200 roles across its video game division by the end of the current fiscal year. 

Microsoft has announced a massive restructuring of Xbox after rumors circulated that the company would be closing several of its video game studios