Microsoft cuts 4,800 jobs, about 2% globally, revamps salesforce and launches massive Xbox overhaul

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Microsoft is cutting 4,800 jobs and overhauling its Xbox gaming business in what its new gaming CEO calls the biggest restructuring in Xbox history, while reshaping its sales and consulting division amid record AI spending and a 30% stock slide. https://www.geekwire.com/2026/microsoft-cuts-4800-jobs-about-2-globally-revamps-salesforce-and-launches-massive-xbox-overhaul/">Read More