Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.
Microsoft said Monday it is immediately eliminating 4,800 jobs, representing 2.1% of its workforce, in the software giant’s latest effort to cut costs in the era of artificial intelligence. Its Xbox division will lose about one-fifth of its staff, in… [3931 chars]
Source: CNBC | Published: 2026-07-06T13:30:01Z
Credit: CNBC
