WS #11547
Microsoft cuts 4,800 jobs (2.1% of workforce), with Xbox hit hardest (3,200 cuts, ~20% of gaming staff), citing 'unhealthy' business and 'hardware crisis' — bearish for MSFT and gaming sector.
Microsoft Xbox Layoffs and Restructuring
Microsoft cuts 4,800 jobs (2.1% of workforce), with Xbox hit hardest (3,200 cuts, ~20% of gaming staff), citing 'unhealthy' business and 'hardware crisis' — bearish for MSFT and gaming sector.