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Microsoft plans to cut more jobs at Xbox division next week in latest round of layoffs
- Microsoft is reportedly planning to implement another round of job cuts in its Xbox division next week as part of a broader company-wide reorganization.
- The layoffs are expected to impact a significant number of Xbox employees and would mark the fourth major round of job cuts in the last 18 months for Xbox.
- Xbox has been facing pressure to enhance profits, particularly after Microsoft's acquisition of Activision Blizzard for $69 billion in 2023.
- These job cuts are likely in line with Microsoft's cost-control efforts as it continues to heavily invest in artificial intelligence (AI).
- Reports suggest that Microsoft is looking to eliminate thousands of jobs next week, primarily from its sales team.
- The upcoming job cuts come after Microsoft already cut 6,000 jobs in May and released over 300 employees earlier in the same month.
- The company had previously laid off around 1,900 employees from Activision Blizzard and Xbox in January 2024, among other job reduction instances.
- The wave of layoffs reflects the challenges faced by major tech companies in managing their workforce amidst significant shifts like focusing on AI.
- For Xbox, the job cuts demonstrate the need to make difficult decisions to maintain profitability in a competitive industry.
- The planned layoffs at Xbox are a part of Microsoft's broader reorganization strategy and cost-control measures.
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