Get the latest tech news
Microsoft mass layoffs: Thousands of jobs cut, Xbox division hit hard
A bad day for Microsoft.
The company confirmed it is going to layoff around 9,000 people — about 4 percent of its workforce — on Wednesday, according to a report from The Seattle Times. While the exact makeup of the layoffs remains unknown, The Verge reported employees in Microsoft's gaming division — folks who work on Xbox — have been hit particularly hard. "We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace," a Microsoft spokesperson told CNBC.
Or read this on Mashable
