Microsoft cuts 4,800 jobs, including many at Xbox in 'reset' of gaming division

Microsoft cuts 4,800 jobs, including many at Xbox in 'reset' of gaming division
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Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to "reset" Xbox as it faces heightened competition, th...