Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'

The sweeping layoffs equate to roughly 2.1% of Microsoft’s workforce, with 1,600 job losses at Xbox.

Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'

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Microsoft cuts 4,800 jobs and shrinks Xbox in ‘significant restructure’

A Microsoft building with a sign bearing the company's logoImage source, Getty Images
ByLiv McMahonTechnology reporter

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