HCM & HRIS

Microsofts Xbox plans for major layoffs next month

June 11, 2026
www.ETHRWorld.com
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  • Published On Jun 11, 2026 at 08:00 AM IST

< />Microsoft’s Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported on Wednesday. <br><br> The job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO ‌of ⁠the gaming ⁠unit in February.<br><br><!– PROMOSLOT_M –> Microsoft did not immediately respond to a Reuters request for comment. <br><br> Xbox has faced mounting challenges in recent years as Microsoft’s bet on subscriptions and cloud gaming failed to offset declining console sales and a shortage of blockbuster titles. <br><br><div class=” article-detail-ad-slot=”” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/131647305.cms” height=”442″ loading=”eager” src=”https://hr.economictimes.indiatimes.com/images/default.jpg” width=”590″></img></p> </div> <p> Sharma said Xbox’s accountability ⁠margin had ‌fallen to 3% and that the company had spent more than $20 billion on content, ⁠platforms and hardware subsidies over the past five years even as annual revenue declined by nearly half a billion during that period, Bloomberg reported, citing an internal email to employees.</p> <p> She said Xbox would need to rebuild its platform infrastructure and rethink its portfolio in the weeks and ‌months to come, the report said.</p> <p> The exact scale of layoff is not yet clear. It is expected shortly ⁠after the close of Microsoft’s fiscal year on June 30, according to the report. </p> <p> In April, Microsoft lowered prices for its Game Pass service and ended day-one releases of future “Call of Duty” titles on the platform, marking one of the first major strategy changes under the new gaming chief.</p> <p> (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Arun Koyyur) </p> <div> <div> <ul> <li><a href=Reuters

  • Published On Jun 11, 2026 at 08:00 AM IST

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