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Microsoft is cutting 4,800 jobs across its commercial business and Xbox gaming group as the company moves to shrink the Xbox unit and spin off four gaming studios.
The announcement comes as Xbox revenue has been declining.
Xbox Restructuring at the Center of the Cuts The Xbox gaming group is the focal point of the reductions, with Microsoft announcing both a downsizing of the unit and plans to spin off four gaming studios.
The studio spin-offs are a structural divestiture — moving those operations and their associated headcount out of the Microsoft organization rather than eliminating them through layoffs.
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