We’re guessing the July 4 weekend was not too relaxed for some folks at Microsoft. Today we got news that the company islaying off 4,800 people—around 2% of its total workforce—mostly in sales and at its troubled Xbox business. It's also selling at least four, and probably five, small gaming ...

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.

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

Microsoft eliminated approximately 2.1% of its global workforce