Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios
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Source: CNBC
Published: 2026-07-06 23:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Labour & Workers, Technology
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Snippet:
Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company's Xbox division losing about one-fifth of its staff in the software giant's latest effort to cut costs in the era of artificial intelligence.
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