VOL. III · NO. 165Community-curated internet cultureSATURDAY, JUNE 13, 2026
The Looped GazetteA Chronicle of the Wired World
Receipts-first viewRead full story →

Microsoft Xbox Gaming Layoffs Expected After June 30

receiptsAll receipts

04Claim-level check

Claims, status, and receipts

ClaimStatusReceiptsAction
Xbox is planning layoffs after Microsoft's fiscal year ends June 30, per Bloomberg.sourcedStory receiptsSuggest fix
Xbox spent $20 billion on content over five years, excluding the Activision Blizzard King acquisition.sourcedStory receiptsSuggest fix
Xbox annual revenue declined by nearly half a billion dollars over the same period.sourcedStory receiptsSuggest fix
CEO Asha Sharma and Matt Booty sent an internal email acknowledging five 'realities' facing the division.sourcedStory receiptsSuggest fix
Whether the spending cuts to marketing and other areas will affect game release timelines.developingStory receiptsSuggest fix
The exact number of employees who will be impacted by the layoffs.sketchyStory receiptsSuggest fix