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Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years.
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Microsoft conducts layoffs company wide, including gaming division.
Microsoft is scrapping two upcoming video games, a reboot of "Perfect Dark" and the fantasy title "Everwild," in addition to ending development on several unannounced projects.
Employees in Microsoft’s Xbox division, known as Microsoft Gaming, are being hit hard by these layoffs, although exact numbers and divisions are not yet known.