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Microsoft shares fall over 1% after company announces to layoff 4,800
Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles eliminated. This restructuring follows substantial investments in gaming, including the Activision Blizzard acquisition.
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datacenterdynamics.com
Microsoft plans to cut 4,800 jobs
Primarily impacts Xbox, but cloud workers also hit
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apnews.com
Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division
Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. This represents about 2.1% of its global workforce.
