BUSINESSJul 6 · 14:55 UTCDAWN[email protected] (AFP)

Microsoft cuts 4,800 jobs as it revamps Xbox

Microsoft is cutting 4,800 jobs, primarily in its Xbox division, as part of a restructuring to address financial challenges and invest in AI. The company will spin off or sell four game studios, with others under review, as Xbox CEO Asha Sharma aims to improve the division's profitability by 2027.

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