Microsoft shares fall over 1% after company announces to layoff 4,800
Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles eliminated. This restructuring follows substantial investments in gaming, including the Activision Blizzard acquisition.
The Bharath News1 min readSource: ET Markets
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Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the deepest reductions, with around 3,200 roles eliminated. This restructuring follows substantial investments in gaming, including the Activision Blizzard acquisition.
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