SShortSingh.
Back to feed

Microsoft cuts 4,800 jobs, 2.1% of workforce, as new fiscal year begins

0
·1 views

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.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Iran's State Funeral for Khamenei Sparks Backlash Over Reported $800M Spending

The state funeral held for Iran's Supreme Leader Ali Khamenei has drawn widespread public criticism over its reportedly massive cost. Estimates suggest the government may have spent as much as $800 million on the event, though official figures have not been confirmed. The expenditure has struck a nerve among ordinary Iranians already struggling with significant economic hardship. Critics have also alleged that authorities mobilised state employees and free services to artificially boost attendance numbers. The controversy underscores a growing perception of disconnect between Iran's ruling establishment and its general population.

0
IndiaTimes of India ·

Ram Mandir Trust reveals Rs 3,264 crore received, Rs 2,370 crore spent on construction

The Shri Ram Janmabhoomi Teerth Kshetra Trust has disclosed a detailed financial account of its operations, reporting total receipts of over Rs 3,264 crore. Of this amount, Rs 2,370 crore has been directed toward the construction of the Ram Temple in Ayodhya. Silver donated by devotees has been melted down into bars, with all related records made available for public inspection. Donors wishing to verify their contributions can do so by visiting Ayodhya and reviewing the trust's financial records. The trust also accepted key resignations and announced reforms aimed at improving transparency and operational efficiency.

0
IndiaTimes of India ·

Trump Called FIFA Chief to Overturn Balogun's Red Card; Suspension Lifted

US President Donald Trump confirmed he personally called FIFA president Gianni Infantino to request a review of American footballer Folarin Balogun's red card and resulting suspension. FIFA subsequently lifted the suspension, allowing Balogun to continue playing in the tournament. The reversal drew public praise from Trump, who took credit for the intervention. However, the decision sparked significant outrage from Belgium, the opposing side affected by the ruling. The overturning of a suspension at this stage is considered an extraordinary and unprecedented move in World Cup history.

Microsoft cuts 4,800 jobs, 2.1% of workforce, as new fiscal year begins · ShortSingh