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1 article Last updated: 6 Jul 2026 1 section
Connected sections Economy
Connected topics Microsoft Layoffs Xbox Restructuring AI Capital Spending Federal Reserve Donald Trump Ukraine
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Microsoft Xbox logo displayed at a company campus as the gaming division faces major layoffs. Photo: NBC News
Economy

4,800 Jobs Gone: Microsoft Guts Xbox to Free Cash for AI

Microsoft is cutting 4,800 roles and dismantling much of its gaming business as it redirects spending toward artificial intelligence, with the Xbox unit absorbing the deepest reductions.

6 Jul 2026 ·6 min read
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Microsoft Layoffs Xbox Restructuring AI Capital Spending Federal Reserve Donald Trump Ukraine Iran World Cup 2026 Nasdaq NATO

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Economy

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