75 Days
Source:
المشهد العربي
Microsoft lays off 4,800 employees and restructures Xbox division
Microsoft announced that it will lay off 4,800 employees, representing approximately 2.1% of its total workforce. The cuts will focus on the gaming sector and the Xbox division, which will experience a 20% reduction. These measures are part of a restructuring plan aimed at controlling expenses amid rapid and competitive changes in the technology industry. The layoffs include 3,200 employees in the gaming sector by the end of the fiscal year 2027, with an immediate decision to lay off 1,600 employees announced simultaneously.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)