Xbox is doing a reset, but can it reboot the business? Microsoft's gaming brand cut 1,600 employees on Monday, with an additional round of layoffs expected before June 2027 , according to an employee memo from Xbox CEO Asha Sharma. The layoffs are part of a massive restructuring by Microsoft, which is cutting about 2.1% of its total workforce, or roughly 4,800 employees. Approximately 350 people affected are from four gaming studios that Xbox plans to offload to outside...
