Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years.

Reports and rumors of massive layoffs at Xbox have been building since late last month, and the first blood has now been spilled. Bloomberg reports that Candy Crush maker King is cutting 200 employees,

Microsoft cuts about 9,000 jobs, its largest layoff in two years, impacting Xbox, sales, and other divisions as it pivots to AI.