Microsoft announces 4,800 job cuts with significant impact on Xbox
Euronews reports that Microsoft is reducing its global workforce by 4,800 roles, with the gaming division facing a major restructuring programme over the next fiscal year.
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Microsoft has confirmed plans to cut 4,800 jobs across the company as part of a significant corporate restructuring. According to Euronews, the Xbox division will be most heavily affected by this move, with approximately 3,200 gaming-related positions set to be eliminated over the coming fiscal year.
This reduction represents a major shake-up for the firm’s gaming operations. While the total number of staff affected reaches 4,800 across the wider organisation, the significant proportion of cuts within Xbox underscores a period of change for the company's interactive entertainment sector.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.supports: Euronews