Business · 5h ago
Microsoft lays off commercial, Xbox teams, citing inability to keep pace
Microsoft is cutting jobs across its commercial and Xbox divisions, with Xbox chief acknowledging the company can't afford to mistake longevity for inevitability. The layoffs reflect Microsoft's struggle to adapt to rapid market changes. The exact number of affected employees has not been disclosed.
Meridian48 take
The admission that even Microsoft can't keep up underscores the brutal pace of tech disruption, but layoffs are also a convenient way to trim costs and boost margins.
Read the full reporting
Microsoft says the world is changing faster than it can keep up as it guts commercial, Xbox teams →
The Register
microsoft-layoffsxbox-restructuring