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Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs

Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
MarketWatch Monday 06 July 2026, 17:19 UTC By Christine Ji 1 min read
Key Points

With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race

With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race
Xbox (ORG) Microsoft (ORG) Meta (ORG) Oracle (ORG) AI (ORG)
Originally published by MarketWatch Read original →

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