Microsoft plans to cut 4,800 jobs
<p>Primarily impacts Xbox, but cloud workers also hit</p>
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Multiple reports detail Microsoft cutting approximately 4,800 jobs globally, with significant reductions in the Xbox division and plans to divest gaming studios amid margin pressures.
3 stories · 6 sources tracked by AFBytes in Tech
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<p>Primarily impacts Xbox, but cloud workers also hit</p>
Xbox CEO Asha Sharma announced that Microsoft's gaming division will cut 3,200 jobs throughout FY27 and is spinning out studios but not canceling any games.
Microsoft is divesting four Xbox studios and moving two others to independent status. The actions form part of wider reductions inside the company's gaming division. Revenue pressure in the Xbox unit…