Microsoft company headlines, earnings, strategy, leadership, and market-moving business updates.
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Microsoft said it will eliminate roughly 4,800 positions, about 2.1% of its global workforce, linking the move to “AI is changing how work gets done” and to a broader reshaping of teams and priorities, according to reports citing internal messages to employees.
THE APEX TIMES
THE APEX TIMES
Microsoft is preparing a reorganization of its Xbox business that would eliminate about 3,200 jobs and reduce studio holdings, according to a report published Monday. The company is trying to redirect resources toward growth in gaming as the segment faces competitive and profitability pressures.
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Microsoft said it will cut roughly 20% of Xbox staff through fiscal year 2027 and spin off four gaming studios, as the company reshapes its gaming operation and launches further cost reductions.
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The Windows maker said it will eliminate about 2.1% of its workforce, part of a broader tech layoff trend amid heavy investment in AI infrastructure and rising costs across the supply chain.
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A recent market analysis draws a contrast between two stocks that rewarded long-term holders and the distinct pressures they now face.
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The Bengaluru cloud and AI services firm Xencia Technology Solutions is being fully acquired by Saints & Masters, as the buyer seeks to deepen its Microsoft capabilities and scale delivery for enterprise modernization and AI projects.
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The UK accounting and advisory firm says it is partnering with Nelson Global to bolster compliance and governance controls using Microsoft’s Purview platform.
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A recent job reduction by Microsoft, described as up to 2.5% of its workforce, is being framed by investors as workforce rebalancing rather than a announcement of slowing demand, as the company positions its business around artificial intelligence products such as Copilot.
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The company wants a single entry point for GitHub coding help, Copilot chat, and other Copilot tools, according to a new report.
