Microsoft to Cut 4,800 Jobs, Including in Xbox, in Its 'Most Significant Restructuring'
· Telemundo McAllen (KTLM)
Microsoft plans to cut approximately 4,800 jobs, representing 2.1% of its global workforce, in what it calls its most significant restructuring to date. The layoffs will primarily impact its commercial sales and Xbox divisions, with around 3,200 positions expected to be eliminated in the Xbox division by fiscal year 2027. Immediate cuts will affect about 1,600 employees. Asha Sharma, the new head of Xbox, emphasized that these changes do not reflect the talent of the affected employees. Microsoft will continue to invest in Xbox despite acknowledging its current unprofitability. The company is also reorganizing its workforce to adapt to evolving customer needs and technological changes.
AI summary · Source: Telemundo McAllen (KTLM) →
