Tech
Monday, 7/6, 04:37 PM
Microsoft Cuts 4,800 Jobs and Overhauls Xbox, Even as AI Spending Soars
- Microsoft is cutting about 4,800 jobs, roughly 2% of its workforce, in a new round of layoffs that falls heaviest on its Xbox gaming unit, which it is restructuring.
- The cuts land even as the company plans record spending on AI data centers, the central tension in its strategy.