Microsoft says the world is changing faster than it can keep up as it guts commercial, Xbox teams

Hard times have come to Microsoft employees. Thousands of Microsoft team members reported to work following the US holiday weekend to learn their jobs no longer exist, with Redmond gutting its Commercial business and Xbox team, and spinning off several game studios to cut costs. Microsoft human resources boss Amy Coleman announced that the company is eliminating some 4,800 roles Monday morning in a letter to employees the company published online.