Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios
Source:
cnbc
July 6, 2026 · 06:42
From the publisher
Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.
About the source
CNBC
The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…
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