

1 min readNew DelhiJul 6, 2026 09:21 PM IST
Microsoft has announced to cut 2.1 per cent of its workforce, or nearly 4,800 jobs, as the company plans to restructure its Xbox and commercial business, joining a long list of tech companies in layoffs while shifting investments towards artificial intelligence (AI).
In the early trading session on Monday, Microsoft’s shares plunged 1.5 per cent, Reuters reported.
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