Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul

Pretty much across the industry of technology. You see companies trying to rethink where they're spending money. A lot of this is fueled because they're spending so much on AI and building our data centers and infrastructures, that they're taking a closer look across all divisions.So today, Xbox is the one that we see really kind of getting that hammer. They laid out a plan to cut about 20% of staff over the next year. Um, and broader at Microsoft, it's a plan to cut about 6400 people.Um, again, just kind o ...