Microsoft cutting thousands of jobs
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19hon MSN
Microsoft cuts 4,800 jobs, about 2% globally, revamps salesforce and launches massive Xbox overhaul
Microsoft is cutting 4,800 jobs and overhauling its Xbox gaming business in what its new gaming CEO calls the biggest restructuring in Xbox history, while reshaping its sales and consulting division amid record AI spending and a 30% stock slide.
Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business.
Microsoft Corp., looking to reduce AI costs, is starting to replace OpenAI and Anthropic with its own models in software products like Excel and Outlook.
Microsoft’s latest layoffs coincide with rising H‑1B filings, intensifying scrutiny of its AI‑driven workforce shift.
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
Microsoft is the latest Silicon Valley giant to cut back on its AI spending.
Abu Dhabi is pushing to meet its own deadline to automate at least half of the public sector's work using AI agents.
Xbox lays off thousands in what CEO Asha Sharma described as “the most significant restructure” in the brand’s history. 4 studios behind popular games are being spun off. “I know this is painful,” Sharma wrote in a letter to staff.
