India, July 6 -- Monday, Microsoft Corporation (MSFT) announced plans to lay off around 4,800 employees, or 2.1% of its global workforce, with primarily affecting the sales division and Xbox gaming business, according to an email to employees sent by Microsoft HR chief Amy Coleman.
The workforce reduction comes as the company looks to cut costs and redirect resources toward investments such as AI infrastructure, helping Microsoft stay competitive and meet customer needs in a rapidly evolving industry.
In another email, Xbox CEO Asha Sharma said that Xbox is cutting 3,200 jobs through fiscal year 2027, with 1,600 roles axed on Monday.
"I recognize that a year-long restructuring creates additional challenges," Sharma wrote. "Unfortunately,...