Microsoft Xbox to Cut Jobs in July as Revenue Falls

Microsoft announced that its Xbox division will implement large‑scale layoffs in July. The decision follows a recent decline in the division's revenue. The cuts are expected to affect several hundred employees worldwide. Company officials said the restructuring aims to streamline operations. The move comes as the gaming market faces heightened competition. Analysts predict the layoffs could reshape Xbox's product strategy. Microsoft will provide severance and transition assistance to affected staff. The company plans to focus on its core gaming services and upcoming releases.