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  • Microsoft Axes 4,800 Jobs and Spins Off Four Game Studios as Xbox CEO Admits the Division Is Financially Broken
Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division
Layoffs
Microsoft Axes 4,800 Jobs and Spins Off Four Game Studios as Xbox CEO Admits the Division Is Financially Broken
Founder News Team Jul 13, 2026 0

Microsoft is cutting 4,800 jobs — roughly 2.1% of its global workforce — including 1,600 Xbox employees, with another 1,600…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
‘Walk on water’ or return to the office, Bay Area tech CEO says
Broadcom CEO Scraps Remote Work After $69 Billion VMware Takeover
Aug 26, 2026
Popular arthritis drug shown to restore hair in 55% of patients with severe alopecia in six months
Arthritis pill regrows hair in 55% of severe alopecia patients
Aug 26, 2026
Exclusive: Legal dispute emerges at Monzo cofounder's Monaco banking venture
Ukrainian investor sues Monzo cofounder Jim McColl over Monaco banking venture
Aug 26, 2026
1 in 3 US Adults Now Uses AI Chatbots for Health — But Trust Lags Behind
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Apple Slashes EU Commissions to 5% While Critics Cry Foul
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