Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, four game studios being spun off or sold, and a fifth entering a review process that could lead to closure, the company said.

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

Xbox will cut about 3,200 jobs and offload five studios, including the UK’s Ninja Theory and France’s Arkane, in its biggest-ever restructure.

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

Microsoft announced plans to lay off around 4,800 employees on Monday. Of those, 1,600 come from Xbox layoffs and studio spinouts. More will follow.

Double Fine and Compulsion Games are going independent, and Microsoft is also selling Ninja Theory and Undead Labs.

Microsoft's Xbox division is cutting 3,200 jobs and divesting five studios including Ninja Theory and Double Fine as it restructures after the $69B

"Our business today is not healthy," Xbox CEO Asha Sharma warned in a memo to staff Monday.

Microsoft plans to cut around 4,800 jobs, nearly 2% of its workforce, as part of a restructuring effort. | World News

Microsoft announced Monday it is cutting about 4,800 jobs, or roughly 2% of its global workforce, as part of a cost-saving effort that will bring broad...

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

Two years after paying $68.7 billion for Activision Blizzard, Microsoft is tearing down the empire it built. The numbers behind the reset explain why — and expose a question the…

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of…

The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year.

Microsoft announces 4,800 job cuts, including a major overhaul of its Xbox gaming division, as the tech giant focuses on AI investments.

Microsoft eliminates 4,800 jobs as Xbox division faces a 20% staff reduction, studio spin-offs, and a strategic pivot toward AI efficiency amid 3% margins.

Double Fine, Compulsion Games, Ninja Theory, and Undead Labs are leaving Microsoft as the company restructures its gaming business.

Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."

Microsoft eliminated approximately 2.1% of its global workforce

1,600 jobs will be eliminated today, the rest throughout FY27

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of…