July 9, 2026

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Microsoft Spent $80 Billion On Its Bet For Xbox Game Pass. It Did Not Work.

by on July 8, 2026 0
A recent report provides additional insights into the circumstances at Xbox that culminated in the significant announcement this week regarding Microsoft’s elimination of 3,200 positions at the gaming firm, divesting from studios, and implementing other reductions to “restructure” the enterprise. Bloomberg disclosed that Microsoft invested “approximately $80 billion” over the last decade in efforts to rejuvenate Xbox and achieve its vision for Xbox Game Pass…Read More Read More