Microsoft Eliminates 2% Of Workforce, Plans More Cuts For Xbox
Microsoft eliminated 4,800 positions on Monday and plans to cut about 20% of its Xbox division as it restructures amid the rapid advancement of artificial intelligence.
Xbox will cut 3,200 roles this fiscal year, starting with 1,600 today, Xbox CEO Asha Sharma said in a memo to employees. The remaining 1,600 cuts will come in addition to the 4,800 immediately eliminated positions announced by Microsoft Chief People Officer Amy Coleman on Monday.