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Microsoft (NASDAQ: MSFT) is eliminating 4,800 jobs, or roughly 2.1% of its global workforce, in the software giant's latest round of cost cuts. The Xbox video game unit is bearing the brunt: about one-fifth of Xbox employees, or 3,200 roles, are being cut through fiscal year 2027, with 1,600 of those exiting immediately on Monday, July 6, 2026 ...
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