Economy · Full coverage
Microsoft Cuts 4,800 Jobs Globally, Xbox Division Hit Hardest
How 1 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Ynet · 33 minutes ago
What happened
Microsoft is cutting 4,800 jobs globally, with Xbox losing 20% of its workforce, amid a 19% stock drop in 2026.
- 01Microsoft cuts 4,800 jobs, about 2.1% of global workforce.
- 02Xbox division loses 20% of its employees.
- 03Stock price dropped 19%, worst among tech giants in 2026.
- 04Cuts linked to company’s declining stock performance.
- 05HR chief says AI changes work but does not replace laid-off staff.
- 06Employees urged to learn new skills amid AI-driven changes.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 1 outlets
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