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A New Xbox Memo Points to a Tough Reset and a Possible 2027 Launch for Helix

A leaked internal memo from Xbox CEO Asha Sharma outlines a significant "Xbox Reset" initiative, addressing a severe hardware component crisis and declining revenue. The memo suggests Project Helix could launch in Holiday 2027, with potential layoffs also indicated. The reset may have also strained relationships with PlayStation due to last-minute exclusivity decisions for titles like Gears of War: E-Day.

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