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Why Is Microsoft Stock Falling Monday? - Microsoft (NASDAQ:MSFT)
MSFT stock falls 1% as Microsoft announces 4,800 job cuts, primarily hitting the Xbox division. Get the latest market update.
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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.
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theverge.com
Microsoft is laying off 4,800 employees
Most of the job losses are in Microsoft’s Xbox and commercial sales organizations.
