AI investments - The Canadian Media

IBNS-CMEDIA: Microsoft-owned Xbox will lay off 3,200 employees—about 20 per cent of its global workforce—over the next year as the gaming division undergoes a major restructuring driven by artificial intelligence …

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Microsoft to slash nearly 4,800 jobs as AI spending soars

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking …

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Xbox to lay off about 20% of its global workforce as AI reshapes gaming business

Microsoft to slash nearly 4,800 jobs as AI spending soars