Techstreet Now

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TECH NEWS

Memo: Microsoft is laying off ~4,800 employees, or ~2.1% of its workforce; most layoffs are in Xbox, where ~8% are being cut, rising to 15% in this fiscal year

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TECH NEWS

Memo: Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside 3,200 job cuts, to streamline the business, in a “reset”

Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards.