graveyardWTF 4.5via The Verge AI
Microsoft is laying off 4,800 employees
"The yearly ritual of trimming the headcount to keep the stock gods happy."
Explain Like I'm Normal
Microsoft is cutting 4,800 employees, representing about 2% of its total workforce, at the start of its new fiscal year. The layoffs primarily impact the company's commercial sales and Xbox gaming divisions. This move follows a massive round of nearly 10,000 cuts made by the tech giant last year.
#microsoft#layoffs#corporate#xbox
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