Microsoft’s Xbox "Hard Reset" Following a memo from Xbox CEO Asha Sharma, the company is undertaking a significant overhaul to address what she described as an "unhealthy" business model. Job Cuts: Microsoft is eliminating approximately 3,200 positions in its gaming division over the next fiscal year, with 1,600 of those layoffs taking place immediately. This represents roughly 20% of the Xbox staff. Studio Divestitures: As part of the restructuring, four gaming studios—Compulsion Games, Double Fine Productions, Ninja Theory, and Undead Labs—are being spun off to become independent companies.
July 7, 2026 1.6K 2
