Microsoft Cuts 4,800 Jobs and Shrinks Its Xbox Division
Microsoft announced cuts of around 4,800 jobs, roughly two percent of its workforce, as part of a cost-cutting drive. The gaming division is hit especially hard, with Xbox being downsized and around 1,600 positions eliminated immediately.
Microsoft announced a fresh round of layoffs on Monday. According to the BBC and Daily Sabah, around 4,800 jobs are being cut, equivalent to about 2 to 2.1 percent of the global workforce. The company speaks of a reset and a broad restructuring to reduce costs. At the center is the gaming division: Xbox is being downsized, with around 1,600 positions eliminated there immediately. The measure fits into a longer series of cuts by large tech companies that are slimming down their cost base despite heavy investment in AI. Both sources report essentially the same facts and rely on the company’s statements; neither provides a critical assessment from the perspective of those affected or of the unions.