xbox
Microsoft layoffs hit Xbox; expert faults management and AI strategy
Microsoft announced 4,800 layoffs company-wide, including 3,200 at Xbox. Commentator Ed Zitron attributed the cuts to management decisions and the company's AI investments. Microsoft said it is adapting to a changing environment, denied that eliminated roles are being replaced by AI, and acknowledged AI is changing how work gets done. The company's stock fell after the announcement.
- 4,800 layoffs total; 3,200 at Xbox
- Critic attributes cuts to management and AI strategy
- Microsoft: adapting to change; not replacing roles with AI
- Stock down 18% YTD and 22% over the past year