We have openings in both Dev and PM in the graphics org, see these postings on the MS job site:

PM, Graphics and Terrain

http://members.microsoft.com/careers/agent/details.aspx?JobID=20C7D1C5-9D25-4EC3-9103-893666948DBF&start=1&interval=10&SortCol=DatePosted

Dev, Graphics Tools

http://members.microsoft.com/careers/agent/details.aspx?JobID=7896005F-678D-4265-B118-E2321B833754&start=1&interval=10&SortCol=DatePosted

Dev, Graphics

http://members.microsoft.com/careers/agent/details.aspx?JobID=17C3AB5D-F389-459F-8BBC-4EFD0D57925D&start=1&interval=10&SortCol=DatePosted

Dev Lead, Graphics

http://members.microsoft.com/careers/agent/details.aspx?JobID=33E39608-BD9E-442B-BEEB-593B6B906128&start=1&interval=10&SortCol=DatePosted

The Studio is growing and is a great place to work. If you have the skills and passion, please consider joining us.