- Microsoft is eliminating 4,800 jobs, approximately 2.1% of its global workforce, with a significant portion impacting its Xbox video game division.
- Xbox CEO Asha Sharma stated the gaming unit is “not healthy,” citing low margins and a “hardware crisis” due to soaring costs for console components.
- The company confirmed 1,600 Xbox workers have already been laid off, with more expected as part of a broader reorganization.
- Microsoft is facing a class-action lawsuit in Wisconsin from residents near its Fairwater data center in Mount Pleasant.
- The lawsuit alleges the data center causes unreasonable and excessive noise pollution due to Microsoft's failure to implement adequate acoustic barriers, seeking unspecified damages.
IN FULL
Microsoft lays off thousands of employees as Xbox CEO says business is ‘not healthy’