Scarlet Fu

Bloomberg television and radio anchor who co-hosts Bloomberg Real Yield and covers financial markets, including ETFs, crypto, and fixed income.

Microsoft Reshapes Xbox Around Margins With 3,200 Job Cuts

Bloomberg Technology reporter Brody Ford says Microsoft’s plan to cut about 20% of Xbox staff and divest several game studios is a margin reset, not a retreat from gaming. Ford frames the overhaul as part of Microsoft’s broader AI-era discipline: Xbox remains a material platform business, but its profitability has lagged comparable businesses while AI infrastructure spending and component costs put more pressure on the division.

Bloomberg TechnologyJul 7, 20266 min read