Federal Reserve
Federal Reserve business and news from across the web.
Xbox leader Asha Sharma has joined a US government task force for employment, days after announcing restructuring that has left thousands of people without jobsXbox CEO Asha Sharma has joined a US Federal Reserve task force focused on productivity and employment, days after announcing a significant restructuring at Xbox that led to 3200 job losses. Sharma, who has a background in AI and previously worked at Meta, will advise on the impact of artificial intelligence on the workforce.
Xbox layoff hatchetwoman & CEO tapped by Federal Reserve for 'jobs & productivity' task forceAsha Sharma, who recently oversaw layoffs of approximately 3,200 employees at Xbox, has been appointed as an advisor to a new Federal Reserve task force focused on jobs and productivity. Sharma, who has a background in artificial intelligence at Microsoft, will join other prominent figures to assess the economic impact of new technologies like AI.
Asha Sharma joins Federal Reserve advisory task force days after laying off thousands at XboxXbox CEO Asha Sharma has been appointed to a new US Federal Reserve task force focused on productivity and jobs, specifically examining the economic impact of artificial intelligence. This appointment follows Xbox's announcement of significant layoffs affecting thousands of employees and several game studios, including Double Fine and Ninja Theory.