CEO cites slower-than-expected growth as Xbox restructures amid hardware slump
Layoffs span ESPN, studios and tech as company pivots to growth
Nearly 160,000 jobs have already been cut across 145 companies in the first nine weeks of 2026 as AI adoption, corporate consolidation and organisational “flattening” reshape...
Layoffs hit US warehouses as the sportswear giant pushes automation and chases margins
Mumbai-listed broadcaster defends workforce cuts as 'strategic optimisation', not damage control