"We simply spread ourselves too thin" – Xbox's Asha Sharma on firm's restructuring plans
Xbox CEO Asha Sharma detailed the company's restructuring plans, which include 3,200 layoffs and the divestment of five internal studios: Compulsion Games, Double Fine, Ninja Theory, Undead Labs, and Arkane Lyon. Sharma stated that Xbox "spread itself too thin" with various bets, leading to a weakening of its core business and a need to streamline management and refocus resources.
- Entities
- Company: Microsoft
- Company: Ninja Theory
- Topic: Business Strategy
- Topic: Layoffs
- Company: Compulsion Games
- Company: Activision Blizzard
- Company: DoubleFine
- Company: Undead Labs
- Company: Xbox
- Topic: Game Development
- Person: Asha Sharma
- Company: Arkane Lyon
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