business
Microsoft axes about 4,800 jobs, including major cuts to Xbox
By CNN Newsource at KVIA ABC-7
· July 6, 2026
· 4 min read
By Lisa Eadicicco, CNN
(CNN) — Microsoft is eliminating about 4,800 jobs — about 2.1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit.
“Our business is changing because the world around it is changing,” Amy Coleman, Microsoft’s executive vice president and ...
Key takeaway 1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit.
Why this matters in The El Paso
As Microsoft's layoffs affect its Xbox division, El Paso 's own thriving gaming community may feel the ripple effects. The city is home to a growing number of gamers, esports enthusiasts, and game development startups, which could be impacted by the changes in the gaming industry. With Microsoft's significant investment in AI infrastructure, including a planned $190 billion spend in 2026, the company's shift in strategy may also create new opportunities for local businesses and entrepreneurs in the AI and gaming sectors. El Paso's business leaders and economic development officials will be watching closely to see how these changes play out and how they can capitalize on emerging trends in the tech industry. The city's strong ties to the tech sector, combined with its growing reputation as a hub for innovation and entrepreneurship, make it an important location to monitor the fallout from Microsoft's layoffs and the company's evolving strategy.
About this story
Original reporting by KVIA ABC-7 . The El Paso 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 KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 6, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? By Lisa Eadicicco, CNN
(CNN) — Microsoft is eliminating about 4,800 jobs — about 2.1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit.
“Our business is changing because the world around it is changing,” Amy Coleman, Microsoft’s executive vice president and ...
When was this published? This article was first published on July 6, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The El Paso, or browse our daily briefing and topic hubs .
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