‘Our Business Is Changing’: Microsoft Lays Off 4,800 Employees As AI Push Reshapes Workforce
• Microsoft has laid off 4,800 employees as the company shifts its strategic focus and workforce structure to prioritize the development of artificial intelligence. • The cuts specifically impact the Xbox division, which has seen multiple rounds of layoffs following the $68.7 billion acquisition of Activision Blizzard in 2024. • This move mirrors a broader trend among Big Tech giants, including Amazon and Meta, who are trimming staff to redirect billions in capital toward AI investments.
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