Microsoft Cuts 4,800 Jobs Amid Heavy AI Investment and Xbox Overhaul

Microsoft is reducing its global workforce by approximately 4,800 jobs, or 2.1%, as the company continues to invest heavily in AI infrastructure and cloud capacity. The cuts are part of a broader restructuring, with a significant impact on the Xbox gaming division, which will see 3,200 job reductions and the divestment of several game studios. This move reflects a trend among major tech companies to reallocate resources towards AI-driven efficiency and growth.