Microsoft lays off nearly 5,000 employees across Xbox, commercial sales

Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears that AI will replace people at companies.

The layoffs will hit Xbox and commercial sales the hardest, according to a memo shared with Microsoft’s staff.

Here’s a snippet from the memo, attributed to Amy Coleman, EVP and chief people officer:

“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. Our customers’ needs are shifting, the business models that serve them are shifting, and that means the work itself – what we do, where we focus, and how we’re organized – has to transform too.

Companies don’t get to choose whether their industry changes; they only get to choose whether they change with it. That means...

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