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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

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

Published July 6, 2026 · Category: Finance

Overview

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

Source

Originally published at www.marketwatch.com.

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