Microsoft cuts 4,800 jobs as it navigates AI revolution

Microsoft said it will cut 4,800 jobs and restructure Xbox as it seeks to update its business model to adapt to rapidly changing technologies and the growth of artificial intelligence.“The way technology is built, deployed, and used is transforming faster than at any point in my time here,” EVP and Chief People Officer Amy Coleman said in a statement announcing the layoffs Monday. Recommended Stories Kennedy Center to offer $25,000 July 4 fireworks package with air-conditioned lounge PlayStation announces it will end physical disc production for new games starting in 2028 California elimination of ‘sell by’ dates on groceries to limit food waste goes into effect “Companies don’t get to choose whether their industry changes,” Coleman said.

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