Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'

Source: https://blogs.microsoft.com/blog/2026/07/06/the-latest-in-ou...

Xbox division post: https://news.xbox.com/en-us/2026/07/06/resetting-xbox/ (https://news.ycombinator.com/item?id=48804993)

> Asha Sharma, who recently took over as Xbox's chief executive, said in a note to staff it was "beginning the most significant restructure in Xbox history".

She makes it sound like an achievement

    The next decade of gaming will be [...] more creative than anything we’ve seen before.

In the AI era? Lol. Lmao, even.