Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios
- Microsoft CEO Satya Nadella talks with Indonesia's Minister of Communication and Information Technology Budi Arie Setiadi, on the day of their meeting with Indonesian President Joko WIdodo in Jakarta, Indonesia, on April 30, 2024.
- Willy Kurniawan | ReutersMicrosoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company's Xbox division losing about one-fifth of its staff in the software giant's latest effort to cut costs in the era of artificial intelligence.
- "The way technology is built, deployed, and used is transforming faster than at any point in my time here," Amy C
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- Microsoft CEO Satya Nadella talks with Indonesia's Minister of Communication and Information Technology Budi Arie Setiadi, on the day of their meeting with Indonesian President Joko WIdodo in Jakarta, Indonesia, on April 30, 2024.
- Willy Kurniawan | ReutersMicrosoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company's Xbox division losing about one-fifth of its staff in the software giant's latest effort to cut costs in the era of artificial intelligence.
- "The way technology is built, deployed, and used is transforming faster than at any point in my time here," Amy C
Sources: Cnbc