Microsoft is cutting 3,200 Xbox gaming unit jobs, selling four game studios and reshaping the struggling business as part of a broader restructuring announced Monday. Why it matters: The restructuring underscores the pressure on Microsoft to improve Xbox's profitability amid the broader company's massive shift to AI and related spending.

Microsoft is cutting 4,800 jobs and overhauling its Xbox gaming business in what its new gaming CEO calls the biggest restructuring in Xbox history, while reshaping its sales and consulting division amid record AI spending and a 30% stock slide.

Last month, Xbox executives laid out some “hard truths” about Microsoft’s struggling gaming division that they said would require a difficult “Xbox reset.” This morning, Microsoft revealed the brutal shape of that “reset,

The last few years has seen gaming go from being possibly as affordable as it ever has been, to being substantially more expensive as components have gone up, along with all sorts of other things affecting how viable importing and exporting things can be.

Microsoft is pressing its Xbox business for growth and stronger profits after 25 years of losses and thin margins.

It's been a belief for a while now that Xbox's next console (known as Project Helix) won't include a disc drive out of the box, but apparently that still hasn't been "fully finalised" yet - at least according to a report from The Verge last week.

While Amazon is still offering the Logitech G29 Driving Force for $230, 23% less than its list price of $300, consider it your invitation to the world of sim racing. It works across platforms and consoles, and its superiority over lesser models makes the racing action seem more real than you might imagine.