Microsoft cuts 4,800 jobs worldwide. This is 2 percent of all workers. The Xbox division suffers a lot. Almost 1 in 5 jobs ends there. Also LinkedIn cuts some jobs. Microsoft paid 9,000 people to leave before.
Asha Sharma is the new Xbox boss. She wants to change the division. The game business is not good right now. The profit is too low. There are also too many bosses. The company wants fewer Management Levels. This saves money. Decisions will be faster.
Microsoft spends a lot of money too. The company spends 190 billion dollars on Artificial Intelligence. Microsoft builds many new Data Centers. These buildings are very expensive. This makes Computer Chips more expensive. But Microsoft says: The AI does not replace the people.