Two-thirds of all the positions being cut are at Xbox, within the company’s struggling gaming division.

As the company trims thousands of jobs, it's also investing in embedded engineering teams; CIOs should expect this shift to reshape customer support, implementation, and partner…

Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. This represents about 2.1% of its global workforce.

Microsoft announced plans to lay off 4,800 employees on Monday, confirming Business Insider's earlier report.