July 6, 2026

Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European

a man standing in front of a white board
Paymo / Unsplash

Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma laid it out in an official memo on Monday. She called it...