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YouTubeBenzinga
Microsoft Cutting 4,800 Jobs In Xbox Reset
Microsoft (NASDAQ: MSFT) is eliminating 4,800 jobs, or roughly 2.1% of its global workforce, in the software giant's latest round of cost cuts. The Xbox video game unit is bearing the brunt: about one-fifth of Xbox employees, or 3,200 roles, are being cut through fiscal year 2027, with 1,600 of those exiting immediately on Monday, July 6, 2026 ...
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The rapid pace at which the U.S. is expending some of its most advanced air-defense interceptors and precision-guided weapons in the Middle East is a point of great tension inside the Trump administration as President Trump's war with Iran ratchets up again, according to officials familiar with internal assessments. CBS News national security analyst Aaron MacLean explains.
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