Report – Major layoffs to hit Xbox as CEO claims it is “not in a healthy spot”
Xbox is reportedly planning significant layoffs next month as new CEO Asha Sharma aims to "reset the business," which she described as "not in a healthy spot." These cuts are expected after June 30th and will be accompanied by reduced marketing budgets and other cost-saving measures. Sharma also indicated a need to reconsider the "Project Helix" business model due to the AI chip crisis and stated that the platform's current infrastructure is not optimized for future challenges.
- Entities
- Company: Microsoft
- Topic: Business Strategy
- Topic: Layoffs
- Game: South of Midnight
- Company: Xbox
- Game: Avowed
- Platform: PlayStation 5
- Game: Clockwork Revolution
- Game: The Outer Worlds 2
- Game: Call of Duty
- Person: Asha Sharma
- Game: Psychonauts 2
- Topic: Game Pass
- Game: Gears of War: E-Day
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