Xbox Reportedly Planning Big Layoffs For Next Month

Microsoft's Xbox division is reportedly planning significant layoffs after June 30, following statements from new CEO Asha Sharma about the business's financial health. Sharma cited declining revenue, increased hardware component costs, and strategic overextension as reasons for the impending cuts. These layoffs come after a period of studio expansion under previous leadership.

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12 articles · 10 sources 13 days ago

Xbox Initiates Major Layoffs and Restructuring Under New CEO

Xbox is implementing significant layoffs and a broad restructuring following new CEO Asha Sharma's call for a business reset. Declining revenues and strategic overextension are cited as key reasons for the workforce reductions. The move impacts various studios, with some fighting for survival amidst the changes.

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