Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years.
The tech giant began sending out layoff notices Wednesday that hit the company’s Xbox video game business and other divisions.
The company declined to say how many people would be laid off but said that it will comprise less than 4% of the workforce it had a year ago.
Microsoft said the cuts will affect multiple teams around the world, including its sales division.
“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” it said in a statement.
Xbox CEO Phil Spencer also sent a memo to employees Wednesday that said the cuts would position the video game business “for enduring success and allow us to focus on strategic growth areas.”
It would also “follow Microsoft’s lead in