Microsoft layoffs hit 830 workers in home state of Washington
1. Microsoft announced 9,000 job cuts, including 830 in Washington state. 2. Layoffs include various roles in gaming, engineering, and research divisions. 3. Recent Xbox content revenue growth lagged behind overall growth rates. 4. Focus on cost efficiencies and adopting new technologies emphasized by CFO. 5. CEO Nadella received the Axel Springer Award amidst layoffs.