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Xbox plans major layoffs in July as CEO Asha Sharma begins reset

techJun 10, 2026423,837

Xbox will carry out major layoffs in July as new CEO Asha Sharma begins a 100-day "reset" of the business. Sharma and chief content officer Matt Booty told staff the overhaul will include rebuilding platform infrastructure, rethinking the content portfolio, and cutting costs as Xbox expects to finish the fiscal year with about a 3% accountability margin. Sharma has warned that rising hardware costs challenge the traditional console model and signaled Xbox may pursue "radically different" ways to deliver consoles. The cuts and strategic reset will shape which games and studios Xbox funds, how it invests in hardware and services, and the company’s competitive direction under Sharma.

Jason Schreier
@jasonschreier.bsky.social

BREAKING: Xbox is planning major layoffs next month, Bloomberg has learned, as new CEO Asha Sharma confronts a bleak picture and plans what she calls a "reset" of the business www.bloomberg.com/news/article...

129845d ago
Krees526

We're doing amazing and just shipped a bunch of hits? Layoffs. We're doing badly and we need change? Also layoffs. Our new CEO is putting us on track and we're gonna do great? Believe it or not, also layoffs.

Simon Gable Lundmark194

heartwarming: employees to be laid off via brand new team spirit xbox email addresses

Jesus Died for Arsons160

I feel like every company I’ve worked at, “new CEO” means “major layoffs” and yet every new CEO’s first company town hall they always go “don’t worry, I’m not planning massive layoffs” 😒

Nails the Tabaxi 🍉134

It's almost like capitalism isn't a sustainable system and has begun to eat itself in order to constantly satiate the twin groups of worthless parasites known as the executive class and shareholders.

Joakim "konjak" Sandberg76

Can't just reset with the people you had

The Spaceshipper 🚀70

As usual, extremely well-paid people make mistakes and others pay for it, how original. 👎

Teufelaffe43

Rent $20 million Salaries $15 million AI $400 billion Utility $15 million someone who is good at the economy please help me budget this. the shareholders are angry

scottatron17.bsky.social34

Im sure some idiots will praise her for it.

Jordan Vulich24

Somethings never change. Fucking sucks

Goofierbrute18

....... It's really hard to make exclusives for the Xbox when YOU KEEP LAYING PEOPLE OFF!

Kaaboose10

How is THIS the ONE job that ISN'T threatened by AI taking it?

Brandon Makar10

Surely Matthew Ball and Aaron Greenberg are on the block.....right? Right?

I Me Mine-lo10

i will be Not As Mad if they're AI-related layoffs since we know she's scrapping plans for copilot on xbox/mobile (WHICH I THINK IS GOOD).

Premium Steve9

Endless layoffs, the story of the 2020s videogame industry

MattMT8

So Xbox is planning major layoffs, but is XBOX?

Setsune Wave8

Nobody could've seen this coming! Everybody saw this coming. bsky.app/profile/sets...

EliotBallade7

Meet the new boss, same as the old boss

Peter G6

Genuinely, from the bottom of my heart: fuck Microsoft.

kennyellis.bsky.social4

I bet they get a bonus at the end of the year for staying under a certain budget and the easiest way for these shit eaters to do that is fire all the little people. #SaveStargate

GetGoodGirl3

Xbox gonna Xbox. Nothing ever changes.

Thera3

I am starting to think that the focus on bringing back XBOX name and separate it again from Microsoft (no more "everything is an XBOX) is to sell the brand to Saudi / Tencent.

Cherry3

They Better be firing ai staff

James3

So a woman (who is also a minority) is made CEO right when the division is already basically on its death bed. The glass cliff strikes again! en.wikipedia.org/wiki/Glass_c...

Jade3

I heard today that 007 first light had sold just over 50% on Sony, 30 something on steam and just 11% on Xbox. Are gears and Clockwork console sellers? They’re gonna need to be. I hope they can make it work I love the brand as a fan.

extremepayne2

i cannot take anyone who says “accountability margin” seriously

matt2

Has the BDS boycott against Xbox affected their margins at all?

Lanusensei2

Did she make a twitter poll to decide on this one too?

FUPA Troopa2

So she's taking a pay cut to save money, I assume that's part of massive layoffs? Or is it just more money for rich assholes?

Karonoth2

Cool. Very cool. I'll continue to avoid buying any game published by this company.

Erren2

So they did pull Halo from the State of Play. Clown shoes company.

lemasterofswords.bsky.social2

Oh wow she was a snake along. just like every Xbox CEO ever. shocker

America`s Most Wanted2

funny how in the west the answer is always axing studios and/or fire people where in japan it is reducing the own salary

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