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Microsoft Xbox Restructuring and AI Bet | Durham News
Microsoft is slashing 1600 Xbox jobs now, with another 1600 coming by 2027, as part of a major restructuring aimed at rebooting its gaming division — while also offering a voluntary retirement program that’s drawn strong U.S. participation. The gaming CEO insists this is a strategic pivot to growth by 2027, not just cost-cutting. Meanwhile, the company’s AI bets are heating up, with massive spending on infrastructure, hoping to replicate the cloud’s past returns — even as investors grow impatient with sluggish stock performance and question whether the AI gamble will deliver. Listen in…
The skinny
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