The Latest Breaking News from Asha Sharma

Xbox Is the Biggest Casualty in a New Round of Microsoft Layoffs. What This Means for MSFT Stock.

The software giant is reportedly looking to trim its employee list by 4,800 in yet another large round of layoffs.

Barchart · Jul 7

State of Decay 3 could reportedly skip Xbox Game Pass after Microsoft dumped its studio

Undead Labs' survival game is still coming in 2027

GamesRadar · Jul 7

Xbox Layoffs Purge 32% of Phil Spencer's Studio Empire as New CEO Asha Sharma Slashes 3,000 Jobs

New Xbox CEO Asha Sharma has unveiled a sweeping restructure that will cut around 3,000 jobs and spin off four studios, slashing roughly a third of the development empire built under former boss Phil Spencer.

International Business Times UK · Jul 7

Xbox Reveals Stand on Restructuring, Confirms Plans for Bethesda's 'Fallout,' 'The Elder Scrolls,' and More

Xbox's restructuring plans have confirmed what the future holds for Bethesda's franchises, as well as other studios and games.

Player One · Jul 7

Microsoft's $69 Billion Xbox Gamble Ends in 3,200 Job Cuts as Five Studios Face Axe

Xbox is undergoing a major restructuring, cutting 3,200 jobs and spinning off five studios, as Microsoft shifts focus towards AI and addresses declining profit margins.

International Business Times UK · Jul 7

Microsoft layoffs in July: Who is Asha Sharma? Meet the Xbox CEO who surprised fans with free consoles and is now at the center of Microsoft's layoff storm

Microsoft Xbox layoffs: Xbox CEO Asha Sharma is under the spotlight after Microsoft announced significant workforce reductions. Asha Sharma previously gained praise for distributing free consoles to thousands of fans at LA. The 36-year-old Indian-origin CEO previously worked at Meta, Porch, and Instacart before joining Microsoft again in 2024 as…

The Economic Times · Jul 7

Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a decline

Xbox will eliminate roughly 3,200 roles over FY27, with about 1,600 cuts effective immediately. Four studios — Compulsion Games, Double Fine Productions, Ninja Theory, and Undead Labs — will exit Xbox under new ownership.

The Economic Times · Jul 7

The games industry reacts to Xbox layoffs: 'We are clearly at a turning point'

3,200 employees are being put out of work, and people have thoughts.

PC Gamer · Jul 6

"Today is a difficult day": So far, Xbox's cuts haven't targeted Blizzard (for now) — President Johanna Faries emails staff

The World of Warcraft and Overwatch maker seems to have largely been spared from Xbox's broader cuts, although the future remains uncertain.

Windows Central · Jul 6

Microsoft Purges Thousands of Staff as Leaked Executive Memo Exposes Historic $20 Billion Xbox Cash Collapse

Microsoft has cut thousands of jobs in its Xbox and sales divisions following a memo revealing significant financial losses. The layoffs mark one of Xbox's largest workforce reductions.

International Business Times UK · Jul 6