business
Microsoft cuts 4,800 jobs, including many at Xbox in 'reset' of gaming division
By AP via Scripps News Group at KXXV (ABC 25) News
· July 6, 2026
· 1 min read
Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to "reset" Xbox as it faces heightened competition, th...
Key takeaway The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to "reset" Xbox as it faces heightened competition, the company said Monday.
Why this matters in The Waco
The layoffs at Microsoft, including those at Xbox, will likely have a ripple effect on the local economy in Waco , particularly in the technology and gaming sectors. As a city with a growing presence of tech companies, Waco may see a surge in job seekers from the affected Xbox workers, potentially leading to increased competition for local job openings. Additionally, the "reset" of the Xbox division may impact local businesses that partner with or provide services to the gaming industry. The city's business community should be watching how these layoffs affect the local job market and be prepared to adapt to potential changes in the tech industry. Furthermore, the fact that Microsoft is spinning off four video game development studios may present opportunities for local entrepreneurs or investors to explore new partnerships or acquisitions, potentially bringing new economic activity to the area.
About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 6, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to "reset" Xbox as it faces heightened competition, th...
When was this published? This article was first published on July 6, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by AP via Scripps News Group at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Waco, or browse our daily briefing and topic hubs .
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