Major Xbox layoffs reportedly on the way as CEO Asha Sharma admits Microsoft's gaming division is "over…
Xbox is reportedly planning significant layoffs and budget cuts across its gaming division, according to an internal email from CEO Asha Sharma. Sharma and chief content officer Matt Booty cited over-investment in content and studios, which has not yielded expected revenue growth, as the reason for this "Xbox reset."
- Entities
- Company: Microsoft
- Topic: Business Strategy
- Topic: Layoffs
- Company: Activision Blizzard
- Company: Xbox
- Person: Matt Booty
- Topic: Game Development
- Person: Asha Sharma
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