Microsoft latest news for today:
Microsoft is laying off around 4,800 roles, or about 2.1% of its global workforce in a major restructure that will significantly downsize its video gaming brand Xbox.
Amy Coleman, EVP and chief people officer at Microsoft, announced the layoffs on the company's website on Monday.
"The 'why' is this: Our business is changing because the world around it is changing. The way technology is built, deployed, and used is transforming faster than at any point in my time here," Coleman said.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
