The Engadget Podcast

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Xbox resets with layoffs (Guest: Mike Futter, co-host of the Virtual Economy Podcast)

July 10, 2026

Microsoft made its Xbox layoffs official this week, and they’re absolutely brutal. The company plans to lay off 3,200 employees, or 20 percent of its workforce, over the next year. 1,600 were immediately let go this week. To help us understand Xbox's strategy (if there’s any), we chatted with Mike Futter, co-host of the Virtual Economy Podcast and Director of Ops and Publishing at Causeway Studios. Once again, we chart Xbox’s sad decline to the inauspicious debut of the Xbox One in 2013.M...

Who needs Valve’s Steam Machine? + Sony dumps Playstation discs

July 02, 2026

Valve’s Steam Machine is finally here! But while it lives up to much of the hype, its high price makes us wonder who it’s really for. In this episode, Senior Writer Jessica Conditt joins to talk about her experience with the Steam Machine and how it compares to consoles (which have also gotten very expensive). Also, we discuss Sony’s bombshell announcement about killing physical PlayStation discs in 2028 and Xbox’s confusing array of layoffs.TopicsThe base price for the Steam Machine is $1,04...

Making sense of SpaceX’s messy IPO (and its messier CEO)

June 11, 2026

With SpaceX planning to go public on June 12th, we brought on Slate’s Nitish Pahwa to dive into what it all means. How can an unprofitable company justify an IPO, and what does it plan to do with all that money? And how can we square the tech and finance world’s excitement over this IPO when Elon Musk spent this week inciting the Belfast race riots? SpaceX may have the largest IPO ever, how will it change the tech investment landscape? – 1:13A few stray thoughts on WWDC 2026 – 38:33 Meta sil...