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Business · 2h ago

Microsoft cuts 4,800 jobs, 1,600 from Xbox in restructuring

By Meridian48 News Desk · Summarised from BBC Technology ·

Microsoft is laying off 4,800 employees, about 2.1% of its workforce, with 1,600 cuts at its Xbox division. The move is part of a broader restructuring effort. The company says the layoffs are aimed at streamlining operations and focusing on growth areas.

Meridian48 take
The cuts, while significant, are a relatively small percentage of Microsoft's total headcount, suggesting a targeted realignment rather than a crisis-driven downsizing.
Read the full reporting
Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure' →
BBC Technology
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