Microsoft laid off 4,800 employees, primarily in its gaming division, as it continues to plow tens of billions of dollars into AI infrastructure. The cuts follow a year of workforce reductions totalin…
Xbox CEO Asha Sharma was appointed co-lead of the Federal Reserve's Productivity and Jobs task force on July 9, 2026, tasked with evaluating AI's impact on labor markets and monetary policy, just two …
Xbox CEO Asha Sharma has joined a Federal Reserve task force studying AI's impact on jobs and productivity, days after announcing 3,200 layoffs at Xbox. The task force, which includes Marc Andreessen …
Microsoft laid off 4,800 employees, including 1,600 from Xbox, while receiving approval for 2,273 H-1B visas, sparking backlash over corporate priorities. The cuts are part of a broader shift toward A…
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead its Productivity and Jobs task force, which will assess the economic impact of new general-purpose technologies including AI. The a…
Xbox CEO Asha Sharma has joined the US Federal Reserve as an adviser on artificial intelligence for its 'productivity and jobs' taskforce, bringing gaming industry expertise to central bank discussion…
The Federal Reserve on July 9 named venture capitalist Marc Andreessen, economist Charles I. Jones, and Xbox CEO Asha Sharma as co-leaders of a task force to assess the economic impact of artificial i…
The US Federal Reserve appointed Xbox CEO Asha Sharma to a task force assessing AI's economic impact on jobs, days after she announced 3,200 layoffs at Microsoft's gaming division. Critics question th…
Microsoft laid off 4,800 employees, including 37-year veteran engineer Kevin LaChapelle who led Xbox Backward Compatibility, as part of a restructuring of its gaming division. The cuts come amid a $2.…
Microsoft laid off 4,800 staffers, including 1,600 from its Xbox division, with Xbox VP Kevin LaChapelle among those let go after 37 years at the company. Xbox CEO Asha Sharma cited slower-than-expect…
Microsoft announced it will cut 4,800 jobs globally, including a 20% reduction at its Xbox division, as the company shifts investment toward artificial intelligence. Xbox CEO Asha Sharma cited declini…
Microsoft is cutting 4,800 jobs, with Xbox facing the largest share of reductions, as the company invests heavily in artificial intelligence and restructures its gaming division. The layoffs affect ab…
Xbox CEO Asha Sharma announced layoffs affecting 20% of staff, roughly 3,200 employees, as part of a broader Microsoft workforce reduction impacting about 2% of its 228,000 workers. Sharma cited overe…
Microsoft announced 4,800 job cuts globally, including 1,600 immediate layoffs at Xbox, as part of a restructuring to focus on artificial intelligence. The Xbox division is undergoing its largest over…
Microsoft is cutting 3,200 Xbox jobs and spinning off five gaming studios after a $69 billion Activision Blizzard acquisition and $20 billion in expansion failed to generate growth, Xbox CEO Asha Shar…
Microsoft оголосила про скорочення 4 800 співробітників (2,1% персоналу) через стрімке зростання витрат на інфраструктуру штучного інтелекту та необхідність підвищення ефективності бізнесу. Акції комп…
Microsoft will cut 4,800 jobs, or 2.1% of its global workforce, primarily in its Commercial and Xbox divisions, as part of a corporate restructuring. The company said the layoffs are not due to AI rep…
Microsoft announced layoffs of 4,800 workers, or 2.1% of its global workforce, citing shifting customer needs and business models. Chief People Officer Amy Coleman stated the employees will not be rep…
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…
Microsoft is laying off 4,800 workers, about 2% of its global workforce, while investing $2.5 billion in a new AI deployment unit called Frontier Company. The cuts hit Xbox and commercial sales hardes…