"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.
Games Industry
- Entities
- Microsoft
- Ninja Theory
- Business Strategy
- Layoffs
- Compulsion Games
- Activision Blizzard
- DoubleFine
- Undead Labs
- Xbox
- Game Development
- Asha Sharma
- Arkane Lyon
Original source
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