W

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

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

With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race

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

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

The AI trade is now counting on Anthropic’s IPO — but it couldn’t be happening at a worse time

The ongoing tech selloff is leading investors to wonder if Anthropic will delay its IPO or list at a discount. Source：MarketWatch

Bitcoin holders have received eCash — What can you do with it?

Bitcoin’s eCash fork gives eligible holders an equivalent balance of ECX, but questions remain over where they can trade the tokens and what they can do with…

US sanctions Canadian money-exchange firms over Iran ties

US also offers as much as $20 million and possible relocation for information about Iran’s nuclear program. Source：Cointelegraph

Suspicious prediction market activity seen before election poll release: NYT

Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source：Cointelegraph

Source：https://www.marketwatch.com/story/xboxs-ceo-says-the-business-is-not-healthy-as-it-prepares-for-3-200-layoffs-b7cbeda5