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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.

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