Microsoft cuts 4,800 jobs, 2.1% of workforce, as new fiscal year begins
Microsoft has laid off approximately 4,800 employees, representing 2.1% of its total global workforce, as the company enters a new fiscal year. The cuts hit Xbox and commercial sales divisions hardest, with Xbox alone accounting for 1,600 of the job losses. An additional 3,200 Xbox positions are expected to be eliminated later this year as CEO Asha Sharma restructures the gaming division. HR chief Amy Coleman addressed employees, stating the reductions reflect broader industry shifts rather than AI replacing workers.
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