Microsoft announced on Monday that it will eliminate approximately 4,800 jobs globally, representing about 2.1 percent of its total workforce, as part of a company-wide restructuring.

• The layoffs will primarily impact the commercial sales division and the Xbox gaming business.
• Key decision-maker: Amy Coleman, Executive Vice President and Chief People Officer at Microsoft.
• The company stated these cuts are a response to the rapidly evolving technology industry and changing customer demands, assuring that AI is not the direct cause of these layoffs.