Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.

Most cuts are part of a restructure of its struggling Xbox gaming division.

It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.

Sam Dickie from Fisher Funds explained the implications of this move.

LISTEN ABOVE

Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.
Most cuts are part of a restructure of its struggling Xbox gaming division.
It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.
Sam Dickie from Fisher Funds explained the implications of this move.
LISTEN ABOVE

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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