Microsoft is laying off 4,800 employees as Xbox begins its biggest-ever restructuring. Here's why the company is cutting jobs and what changes are coming.

Primarily impacts Xbox, but cloud workers also hit

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.

Most of the job losses are in Microsoft’s Xbox and commercial sales organizations.

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.

Xbox is set to layoff 1,600 staffers Monday and up to another 1,600 over the next year in what new CEO Asha Sharma calls the "most significant restructure" in the Microsoft-owned…

"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...

Xbox CEO Asha Sharma has announced a year-long plan to reduce the division's staff by over 3,000, with 1,600 being laid off today. Five studios are leaving Xbox.

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.

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

Microsoft eliminated approximately 2.1% of its global workforce

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…

Microsoft is laying off 4,800 employees as Xbox begins its biggest-ever restructuring. Here's why the company is cutting jobs and what changes are coming.

A third of Microsoft's global layoffs were Xbox employee as the company reduced its workforce by 2.1% globally.