Microsoft company headlines, earnings, strategy, leadership, and market-moving business updates.
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Xbox CEO Asha Sharma said the division’s business “is not healthy,” outlining a larger reduction plan that includes near-term exits and further cuts over the coming year.
THE APEX TIMES
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The analyst firm lowered its valuation for Microsoft after raising assumptions about fiscal 2027 capital spending driven by steeply higher memory costs for AI infrastructure.
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The company said it is cutting approximately 4,800 positions, about 2.1% of its global workforce, in a structural shift intended to move resources toward higher-priority areas. Details on affected teams and timing were not provided in the cited report.
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Microsoft is preparing a reorganization of its Xbox business that would eliminate about 3,200 jobs and reduce studio holdings, according to a report published Monday. The company is trying to redirect resources toward growth in gaming as the segment faces competitive and profitability pressures.
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Microsoft said it will cut roughly 20% of Xbox staff through fiscal year 2027 and spin off four gaming studios, as the company reshapes its gaming operation and launches further cost reductions.
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The Windows maker said it will eliminate about 2.1% of its workforce, part of a broader tech layoff trend amid heavy investment in AI infrastructure and rising costs across the supply chain.
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A recent market analysis draws a contrast between two stocks that rewarded long-term holders and the distinct pressures they now face.
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The Bengaluru cloud and AI services firm Xencia Technology Solutions is being fully acquired by Saints & Masters, as the buyer seeks to deepen its Microsoft capabilities and scale delivery for enterprise modernization and AI projects.
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The UK accounting and advisory firm says it is partnering with Nelson Global to bolster compliance and governance controls using Microsoft’s Purview platform.
