BUSINESSBUSINESS INSIDER
Microsoft cuts 4,800 jobs across sales and Xbox. Read the memo.
Microsoft announced layoffs of 4,800 employees, primarily affecting sales and Xbox divisions, as part of cost-cutting measures to fund AI infrastructure investments. The cuts include 1,600 roles in Xbox, which plans to reduce its workforce by 20% this fiscal year. The move reflects broader trends in Big Tech, with companies like Meta, Amazon, and Google also implementing job reductions.
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- Microsoft's Xbox cuts 1,600 employees, with plans to shed 20% of its workforce this year
- Microsoft cuts 4,800 across Xbox, sales divisions, redeploys hundreds more
- Hundreds of layoffs hit Cisco’s Bay Area offices
- Meta cuts 8,000 jobs in sweeping global layoffs
- Microsoft plans another round of job cuts, impacting thousands of roles
- Meta says it will cut 8,000 jobs as AI spending grows