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Xbox reportedly preparing for "significant" lay-offs, as Asha Sharma's big "reset" plan comes into full force

Xbox is reportedly preparing for significant layoffs and budget cuts as part of new CEO Asha Sharma's business reset plan. A memo outlines the company's financial challenges, including decreased revenue and a low accountability margin, and addresses rising hardware costs due to generative AI. The company is also focusing on console exclusivity for upcoming titles like Gears of War: E-Day.

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