21:03
2026-07-06
ibtimes.co.uk
ai-policy
Microsoft Purges Thousands of Staff as Leaked Executive Memo Exposes Historic $20 Billion Xbox Cash Collapse
Microsoft cut 4,800 jobs across its gaming and sales divisions on July 6, 2026, after a leaked internal memo from Xbox CEO Asha Sharma revealed the Xbox business spent $20 billion over five years whil…