XBOX SIGNALS 'RESET' WITH LOOMING LAYOFFS AND STUDIO CLOSURES
Microsoft is overhauling its Xbox division following warnings from new CEO Asha Sharma about significant financial and operational challenges. The company faces a 3 percent accountability margin, inflated component costs, and an overextended studio system.
Xbox is making some big changes — again. On June 10th, a few months after Asha Sharma took over as CEO, she and newly-pr…
Xbox CEO Asha Sharma at the Bloomberg Tech conference in June 2026. | Bloomberg via Getty Images Microsoft is laying o…
Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s…
Microsoft is cutting an additional 3,200 jobs beyond those in the gaming division.
Microsoft has begun testing the Cloud Rebuild recovery feature in the latest Windows 11 Insider Preview builds released…
As part of Microsoft's big Xbox "reset," which includes layoffs affecting 3,200 staffers, jettisoning studios, and shift…