Microsoft to cut 4,800 jobs, overhaul Xbox unit
File | Photo Credit: Getty Images/iStockphoto Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts…
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File | Photo Credit: Getty Images/iStockphoto Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts of its commercial and Xbox businesses, joining other tech titans in a wave of layoffs as they shift investments towards AI infrastructure. The company’s shares were down 1.5% in early trading. Microsoft joins AI-driven tech layoff wave with 4,800 job cuts. Microsoft often trims jobs near the end of its fiscal year in June as it sets spending plans for the new year.
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File | Photo Credit: Getty Images/iStockphoto Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts of its commercial and Xbox businesses, joining other tech titans in a wave of layoffs as they shift investments towards AI infrastructure.
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The company’s shares were down 1.5% in early trading.
according to The Hindu - HomeMicrosoft joins AI-driven tech layoff wave with 4,800 job cuts. Microsoft often trims jobs near the end of its fiscal year in June as it sets spending plans for the new year.
according to The Hindu - Home
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