Walter BloombergFinance

MICROSOFT CUTS 4,800 JOBS Microsoft is cutting 4,800 jobs, or about 2.1% of its global workforce, mainly across its Commercial and Xbox div…

MICROSOFT CUTS 4,800 JOBS Microsoft is cutting 4,800 jobs, or about 2.1% of its global workforce, mainly across its Commercial and Xbox divisions. The company said the restructuring is aimed at improving operations and positioning Xbox for long-term growth. Microsoft added that the layoffs are not driven by AI replacing employees.
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