WIRE — Microsoft has hit back at H-1B visa conspiracy theories swirling around its 4,800 layoffs. Communications chief Frank X. Shaw says the cuts were about restructuring an unhealthy Xbox business, not swapping American workers for foreign hires. The H-1B numbers doing the rounds, he clarified, are Microsoft-wide visa renewals, not Xbox-specific, and most of the roles eliminated weren't American roles anyway.
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