The record
Written from the 1 report below. Nothing here is unsourced.
- Microsoft is planning to lay off hundreds of employees in its Xbox division.
- This move follows a series of previous staff reductions and the sale of several game studio subsidiaries earlier this year.
- The company is consolidating game studios to focus on larger franchises like Elder Scrolls and Fallout.
- These changes reflect an ongoing effort by Xbox leadership to improve the profitability of the gaming business.
Who said what1
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Asha Sharma
Xbox CEO
1 quote · 1 outlet
“Profits, she added, need to climb back in line with industry averages. Every function and every studio owns a slice of that outcome.”
In the article
…Sharma lays out four-point plan after 2,800 job cuts In a memo sent on July 30, Xbox CEO Asha Sharma said the business will return to player and revenue growth by the end of fiscal year 2027, which wraps next June. Profits, she added, need to climb back in line with industry averages. Every function and every studio owns a slice of that outcome. Sharma then laid out four priorities for FY27, each starting with the letter C: strengthen the platform led by console, grow games into global franchises, turn Minecraft into a creator platform, and extend the worlds…
Coverage1
All filed from India
Named United States · Xbox · Amy Hood · Asha Sharma · Microsoft · Satya Nadella
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