Microsoft starts a new round of job cuts and the next phase of its Xbox 'reset.' - Business Insider $MSFT. Microsoft began a new round of layoffs on Tuesday, affecting around 500 employees, primarily in its Xbox gaming division, and a small number of roles in other units like cloud + AI. | The latest cuts follow layoffs in July, when Microsoft stated it would trim 2.1% of its global workforce, or about around 4,800 employees at the time.

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