The vice-president and president of Microsoft, Brad Smith, breaks down how the company plans to invest in artificial intelligence during an appearance in “Mornings with Maria”.
Microsoft provides for another series of Xbox cuts as part of the continuous reorganization of the technology giant.
Xbox managers expect substantial buyouts throughout the group next week, people familiar with the Bloomberg affair said. This marks the fourth time that Microsoft has reduced its game division in the past 18 months, the point of sale has reported. Several video game studios in the company’s Xbox division were also closed in 2024.
Fox Business contacted Microsoft to comment.
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Xbox managers expect substantial buyouts throughout the group next week, according to a new report. (INA Fassbender / AFP via Getty Images / Getty Images)
The company has enabled its workforce in the past two years in the context of a higher cost reduction effort in which the company has implemented organizational changes which, according to them, are necessary to position it to succeed “in a dynamic market”.
The company told Fox Business in May, when it announced its intention to dismiss nearly 6,000 employees, which it sought to rationalize its processes, procedures and roles and reduce management layers to move more quickly and increase efficiency.
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Microsoft has enabled its workforce in the past two years as part of a larger cost reduction effort. (Chesnot / Getty Images / Getty Images)
The layoffs began in 2023 when the technology sector began to try to be straight after being over-ravi during the pandemic. In January 2023, Microsoft said that it reduced 10,000 jobs “in response to macroeconomic conditions and modifying customer priorities,” according to a file with the Securities and Exchange Commission.
Microsoft said in January 2023 that he had reduced 10,000 jobs. (Matthias Balk / Picture Alliance via Getty Images / Getty Images)
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However, the managers of the technology giant giant unit underwent particular pressure to increase its profitability after the acquisition of $ 69 billion from the Blizzard Activision company in 2023, according to Bloomberg.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| Msft | Microsoft Corp. | 492.27 | +2.16 |
+ 0.44% |
Microsoft has faced a large number of legal obstacles in its offer for the manufacturer “Call of Duty”. In May, he won his last legal battle against the Federal Trade Commission (FTC) after a Federal Court of Appeal rejected the legal challenge of the FTC according to which a merger would restrict competition.
