Microsoft Cuts 4,800 Jobs in Xbox Division Amid Reorganization

Microsoft announced a layoff of 4,800 employees within its Xbox division. The cuts are part of a broad reorganization of the gaming unit. The company said the move aims to streamline operations. Affected staff span development, marketing, and support roles. The restructuring follows recent strategic shifts in the console market. Microsoft expects the changes to improve efficiency and focus. Analysts note the layoffs reflect pressure on the gaming business. The announcement signals continued adjustment to market dynamics.