Xbox CEO Asha Sharma issues statement on restructuring following leaked email regarding layoffs
Xbox CEO Asha Sharma has issued a statement confirming a restructuring and potential layoffs by the end of June, following a leaked internal email. Sharma cited overspending and the need to "reset" the business, emphasizing that the company has "over extended" in areas like live-service demands. The move comes as Xbox aims to re-evaluate its investment priorities for the next five years.
- Entities
- Topic: Company Restructuring
- Company: Microsoft
- Topic: Layoffs
- Company: Xbox
- Person: Matt Booty
- Topic: Live Service Games
- Person: Asha Sharma
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