Xbox Reports Subscriber Loss Following Price Hikes, Potential Layoffs

Xbox has experienced a week of mixed developments, including announcements from its recent Games Showcase and admissions of subscriber losses. An executive confirmed that 2025 price increases led to millions of Xbox Game Pass subscribers discontinuing service. Additionally, reports indicate that Xbox is planning a round of layoffs in the coming month.

By Fainaron·Jun 12, 2026 (4 days ago)·1 views

Xbox Reports Subscriber Loss Following Price Hikes, Potential Layoffs

Xbox has seen a period of varied developments, highlighted by its recent Xbox Games Showcase. The event featured several announcements, including a new trailer and release date for the game *Fable*.

However, the company also disclosed challenges regarding its subscriber base. An Xbox executive recently stated that price increases implemented in 2025 resulted in millions of Xbox Game Pass subscribers canceling their service.

Further compounding these issues, Bloomberg reported on Wednesday that Xbox is preparing for a round of layoffs scheduled for next month. (Source: Polygon)

#xbox #xbox game pass #subscriber loss #layoffs #fable #gaming industry #microsoft #video games

Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Polygon. Read the original at Polygon →

More like this

Technology

29 minutes ago

Google Workspace Introduces New Admin Controls for Gemini Chat Features

Google is rolling out new administrative controls for Gemini's temporary chat and conversation deletion features within Workspace. This update allows IT teams to manage data retention and compliance more effectively across their domains, organizational units, or specific groups. The move addresses previous challenges faced by corporate IT departments regarding data governance and eDiscovery requirements.

Singapore Authorities Investigate Cyberattack on Global Schools Foundation

Singaporean authorities have launched an investigation into a cyberattack targeting the Singapore-based Global Schools Foundation. A group identifying itself as FulcrumSec claims responsibility for the breach, stating they have stolen 4.8 terabytes (TB) of data. This alleged data reportedly includes sensitive information such as students' passport details, staff-parent correspondence, and salary records, according to reports from cybersecurity news sites.

Channel News Asia

OpenAI's Annual Spending Reaches $34 Billion

Technology

33 minutes ago

OpenAI's Annual Spending Reaches $34 Billion

OpenAI's expenditures totaled $34 billion in the past year, marking a significant increase compared to the company's spending in the preceding year. This financial figure highlights the scale of the organization's operations and investments.

The Decoder AI

Parsing User Questions Enhances RAG System Performance

Technology

33 minutes ago

Parsing User Questions Enhances RAG System Performance

Retrieval-Augmented Generation (RAG) systems can significantly benefit from a structured approach to user questions. This involves parsing the user's initial query into distinct briefs before initiating either retrieval or generation processes. The method aims to optimize both stages by ensuring the question is adequately processed, similar to how documents are parsed within enterprise document intelligence frameworks.

Towards Data Science

Back to Homepage

Xbox Reports Subscriber Loss Following Price Hikes, Potential Layoffs

More like this

Google Workspace Introduces New Admin Controls for Gemini Chat Features

Singapore Authorities Investigate Cyberattack on Global Schools Foundation

OpenAI's Annual Spending Reaches $34 Billion

Parsing User Questions Enhances RAG System Performance

Fainaron — live counters