Microsoft lays off nearly 5,000 employees across Xbox, commercial sales

Microsoft has laid off approximately 4,800 employees, accounting for 2.1% of its global workforce. The layoffs, which occurred on Monday, are part of a series of job cuts that have raised concerns about AI replacing human workers. The reductions will primarily affect the Xbox and commercial sales divisions, with these areas being hit the hardest. The move is the latest in a trend of tech industry layoffs sparking fears about job security and automation.

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