👥 HR & Workplace🌐 Global
Microsoft Cuts 3,200 Xbox Jobs as CEO Admits 'Business Is Not Healthy'
Mint·Wednesday, 8 July 2026
Xbox CEO Asha Sharma told employees the division's business is struggling with weak margins, announcing a restructuring that cuts 3,200 jobs. The overhaul is aimed at simplifying Xbox's operations and redirecting resources toward larger projects. The HR Dive report adds that Microsoft is simultaneously hiring 6,000 AI and engineering experts as part of its new Frontier Co. initiative.
Why It Matters
This is a clear example of a major employer gutting one division to fund AI ambitions — a trend reshaping job security across the global tech industry.
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