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Xbox CEO Says 'Business Is Not Healthy' as Microsoft Cuts 3,200 Jobs from Gaming Division
mint - companies·Wednesday, 8 July 2026
Xbox CEO Asha Sharma told employees the division's business is not healthy, citing weak margins, as Microsoft announced 3,200 job cuts. Sharma said the restructuring aims to simplify Xbox's operations and redirect resources toward larger projects. The announcement came in an internal message to staff.
Why It Matters
Microsoft is one of the world's biggest tech employers, and Xbox is a platform used by tens of millions of gamers globally. Large layoffs at a major tech division signal caution about where the industry is heading.
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