The layoffs include 1,600 Xbox workers, with more expected this year.
Bill Gates announced that he now plans to distribute 99% of his wealth, around $200 billion, within the next 20 years before shuttering the Gates Foundation in 2045.
The cheapest model available, the Xbox Series S, is now $379.99, an $80 jump, or 28% increase, from its previous price.
The company has been phasing out the video conferencing service since 2017, pushing people toward Teams.
Microsoft 365 users are experiencing issues on Monday with the free email service Outlook.
Three Mile Island is best known for being the most serious accident at a commercial nuclear power plant in US history when it experienced the partial meltdown of one of its two reactors.