Business
Monday, 7/6, 01:52 PM
Microsoft cuts about 4,800 jobs and overhauls its Xbox gaming unit
- Microsoft is cutting roughly 4,800 jobs, about 2 percent of its workforce, with its Xbox video game division taking the heaviest hit and several game studios set to be spun off or sold.
- The company is trimming staff even as it pours enormous sums into artificial intelligence.