Business & Enterprise3 min reading time
Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs
Covered by 4 sources
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Microsoft is cutting about 4,800 jobs globally, including 3,200 in its Xbox division, which is undergoing its largest restructuring with studio spin-offs and potential closures. The moves aim to reduce costs and refocus on AI investments and Xbox profitability.
