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Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios [View all]
Source: CNBV
Key Points
Microsoft is laying off 4,800 employees immediately, after carrying out a voluntary retirement program.
The company’s Xbox video game unit is cutting one-fifth of its staff, and four studios will go independent.
Microsoft’s stock is down 19% this year, trailing its megacap peers.
Read more: https://www.cnbc.com/2026/07/06/microsoft-cuts-2point1percent-of-employees-as-xbox-unit-plans-to-spin-studios.html
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