Browsing: Cuts

Microsoft’s Redmond headquarters, where the company that just cut 1,600 Xbox jobs remains one of the nation’s largest users of the H-1B foreign worker visa program. (Photo: Sean Gallup

Pop Culture Group (NASDAQ:CPOP) will implement a 10-for-1 share consolidation of its Class A, B and C ordinary shares, effective July 13, 2026. Class A shares will continue trading on Nasdaq under symbol CPOP with new CUSIP G71700127

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. 

The controversy over DC’s Supergirlmovie continues, as the movie crashes and burns in theaters. As of writing this, it’s been announced that Supergirl has experienced a massive second-week drop in box office profits and will have the shortest theatrical run of any DC movie ever (just 33 days). In addition, reports have come to light…

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.…

On July 6, the official account of Yield Guild Games (YGG) and co-founder Gabby Dizon simultaneously issued a statement announcing the decision to shut down their game publishing division, YGG Play. The team plans to gradually take the platform and some games offline by July 31. 35 employees will receive an additional 8 weeks of…

Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will instead focus on feeding data to artificial intelligence

Microsoft has announced it has cut 4,800 jobs – roughly 2.1% of its workforce – with Xbox to bear a large number of its latest layoffs

Microsoft is cutting 4,800 jobs as part of its strategy to redirect ren in the gaming sector is getting widespread media coverage, the significant focus is on operational investments. This shift highlights Microsoft’s priority in AI advancements over traditional segments

Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division