Business & Economy

Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios

Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.

Source CNBC AI Summary Updated 1h 18m ago

Story intelligence Beta

Freshness Fresh Updated 1h 18m ago

Confidence Checking

Coverage Checking

Views New Be the first to read

Read time 1 min ~18 words

AI Summary

Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.

AI summaries can be wrong sometimes—always verify important details using the source article.