Breaking
North America

Microsoft cuts 4,800 jobs and shrinks Xbox in major restructure

Microsoft announced a fresh round of 4,800 layoffs, equal to about 2.1% of its workforce, with 1,600 immediate job losses at its Xbox unit. The company described the cuts as part of a significant restructuring. It is the latest large technology employer to trim staff.

Exterior of a modern glass corporate office building
Exterior of a modern glass corporate office buildingPhoto: Arthur Swiffen / Pexels
BBC Business1 h agoMSFT

Microsoft has announced a fresh round of 4,800 job cuts, equal to about 2.1% of its global workforce, with some losses taking effect immediately and 1,600 roles going at its Xbox gaming unit.

The company described the move as part of a significant restructuring aimed at creating a leaner organisation and directing resources toward priority areas, especially artificial intelligence. Microsoft has been investing heavily in AI infrastructure in recent months while trimming some teams.

The decision is the latest in a broad wave of layoffs across the technology sector. Employee representatives called for support for affected staff. Investors will watch how the cuts feed through to profitability and how the strategy for Xbox takes shape over the coming quarters.

TechEarningsMSFTNorth AmericaBBC Business
This article is an AI-curated summary of the original story published by BBC Business. The illustration is a stock photo by Arthur Swiffen from Pexels and is not from the original story.

Read next