Xbox CEO amidst layoffs: 'I think our core has to be healthy'

Xbox CEO Asha Sharma addressed significant layoffs and a major restructure within the company, stating the core business needs to be healthy. She highlighted the need for new business models, including exploring hardware options like 'buy now, pay later' and expanding availability on mobile and PC. Sharma also noted that Xbox's operating margins are considerably lower than comparable businesses, attributing challenges to surging component costs and overextending studio systems.

• COMPANY Microsoft
• COMPANY Activision Blizzard
• COMPANY Xbox