Xbox CEO Says “We Simply Spread Ourselves Too Thin” Following Layoffs
Xbox CEO Asha Sharma stated that the division "spread ourselves too thin" by making numerous unsuccessful bets, leading to recent layoffs affecting approximately 1,600 employees. As part of a restructuring, four studios are being let go, with Compulsion Games and Double Fine Productions becoming independent, and Undead Labs and Ninja Theory being sold. Sharma also confirmed further job cuts are planned and announced organizational changes, including a new COO, Helen Chiang.
- Entities
- Topic: Company Restructuring
- Company: Microsoft
- Person: Dave McCarthy
- Company: Ninja Theory
- Topic: Layoffs
- Company: Compulsion Games
- Company: Undead Labs
- Company: Xbox
- Company: Arkane Studios
- Person: Helen Chiang
- Topic: Game Development
- Person: Asha Sharma
- Company: Double Fine Productions
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