Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports - Reuters
Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports Reuters
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<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxNSXNzeDkyTXpXMlRaZ0tnbU9ERVRpT0VYUVFTcUFId2F0cnpxMHI1SlFNWXJHcGxNTTlRT1FsMEZCeWhRRWI3TmdLNW92ZEpaRXdqWUYtbUYtb2RYLXBFT2FSVDlrUFlOUmFneHNQdjBsT0YzSFAzX1I2dmU1V3NqamNNdEd6dFhSOTlMaldtUmVZYTdJTlRsSTN3aWdnY00wTmw1QmRrV1pmRjJzZDNtZ1VjRDQ?oc=5" target="_blank">Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports</a> <font color="#6f6f6f">Reuters</font>
Xbox CEO Asha Sharma announced plans for staff reductions due to declining profit margins, which have fallen to 3% in the current fiscal year.
Reports indicate that Xbox will conduct significant layoffs as part of a business reset, with profit margins dropping to 3% for the fiscal year 2026.
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