WS #11537
Microsoft cuts 4,800 jobs globally, 3,200 in Xbox, with CEO calling business 'not healthy' and margins 3-10x lower than peers; four studios to be sold or spun off. Broadcom and Apple extend custom-chip partnership through 2031 for multiple generations of ASIC silicon, tied to Apple's AI server chip push as early as 2027.
Microsoft Xbox Restructuring
Microsoft cuts 4,800 jobs globally, 3,200 in Xbox, with CEO calling business 'not healthy' and margins 3-10x lower than peers; four studios to be sold or spun off.
Broadcom and Apple extend custom-chip partnership through 2031 for multiple generations of ASIC silicon, tied to Apple's AI server chip push as early as 2027.