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Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs

Economy MarketWatch By Christine Ji 06 Jul 2026 17:19 1 min read
Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs

With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race

With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race

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