βOur Business Is Changingβ: Microsoft Lays Off 4,800 Employees As AI Push Reshapes Workforce
β’ Microsoft has laid off 4,800 employees as the company shifts its strategic focus and workforce structure to prioritize the development of artificial intelligence. β’ 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. β’ 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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