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About a month ago, freshly installed Xbox CEO Asha Sharma sent out a notice to employees saying that the company’s $20 billion in investments over the past five years (not including a nearly $70 billion acquisition of hotshot game developer Activision Blizzard), razor-thin profit margins and revenues that have declined by $500 million over the…

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 lays off 4,800 employees amid Xbox restructuring and studio spin-offs Trending Topics

Grand Theft Auto VI remains on track to launch on November 19, with those who pick up the game on Xbox Series S consoles set for a worse experience

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