Microsoft is reportedly planning layoffs within its Xbox division, with rumors suggesting significant job cuts are imminent. The company has not confirmed the details yet, but the news raises concerns about the future direction of its gaming business.
Amazon is set to eliminate up to 30,000 corporate positions as part of a strategy to cut costs and streamline operations following overhiring during the pandemic. This reduction represents nearly 10% of its corporate workforce and is the largest job cut since late 2022.