BUSINESSJul 6 · 17:19 UTCMARKETWATCHChristine Ji

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

Xbox’s CEO states the business is 'not healthy' as Microsoft prepares for 3,200 layoffs. The company’s shares have dropped 20% this year, joining peers like Meta and Oracle in using layoffs to offset rising AI development costs.

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