Xbox Planning Major Layoffs in July as Part of Restructuring and Budget Cuts
By
Mike Straw
Summary
Xbox is planning major layoffs in July 2025, following the end of Microsoft's fiscal year on June 30. According to Bloomberg's Jason Schreier, the size and scope of the cuts are not yet known, but they are part of a broader restructuring that also includes significant budget reductions for marketing and other business areas. Xbox CEO Asha Sharma communicated the changes to employees via email, citing an "accountability margin" as part of the company's operational shift.
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Key quotes
· 3 pulledXbox is also planning to significantly slash budgets for marketing and some other areas of the business
Xbox is planning to hold major layoffs in July
It's a new era for Xbox. But this new era is going to feature something the old era of Xbox was known for: layoffs.
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