Tech
Microsoft's Xbox Reset: Layoffs and Studio Closures
Microsoft is undergoing significant restructuring, with CEO Asha Sharma warning of an 'Xbox reset.' The company plans to address challenges by potentially laying off employees and closing studios.
Coverage timeline — 1 article
The Verge
Xbox is making some big changes — again. On June 10th, a few months after Asha Sharma took over as CEO, she and newly-promoted chief content officer Matt Booty sent a memo to staff warning of an “Xbox reset.” The business, they said, is facing significant challenges, including a 3 percen
2026-07-01 21:00 UTC