Microsoft is implementing layoffs of around 4% of its global workforce, affecting approximately 9,000 employees.
The layoffs are part of an effort to streamline operations and prioritize key opportunities within the gaming business.
Phil Spencer, head of Xbox, acknowledged the tough decisions and emphasized focusing on strategic growth areas for long-term success.
Impacted employees will receive supportive exit packages, including pay, healthcare coverage, and priority review for other positions within Microsoft.