Asha Sharma

“Asha Sharma took over as Xbox CEO in February this year”

“another 3,200 jobs will be cut during the current financial year, reducing the division's workforce by about 20%”

“they’re up 2.75x, they’re up 50% since they started; they’re going to be up effectively 7.5x”

“Xbox chief executive Asha Sharma announced this week that the gaming business would eliminate about 3,200 positions during fiscal year 2027, including roughly 1,600 immediate layoffs, while spinning …”

“1,600 immediate job cuts with another 1,600 to come before the end of the current financial year.”

“We are operating at margins that are 3-10x lower than comparable platform and publishing businesses.”

“New CEO Asha Sharma has said that explicitly time and time again”

“Microsoft's Xbox division is cutting approximately 3,200 jobs as part of what CEO Asha Sharma called the "most significant restructure in XBOX history." ... About 1,600 positions will be eliminated i…”

“in a typical year, we lost 64 cents for every dollar we invested.”

“We are operating at margins that are 3-10x lower than comparable platform and publishing businesses.”

“She said some parts of Xbox currently have as many as 14 layers of management. The company plans to reduce that to no more than five layers, and where possible, three.”

“Xbox will also reduce vendor spending by 50%”

“I've made the difficult decision to reduce our team by approximately 3,200 throughout FY27. This will include approximately 1,600 role eliminations today, and in addition, four studios will leave XBO…”

“We are operating at margins that are 3–10x lower than comparable platform and publishing businesses.”

“in a typical year, we lost 64 cents for every dollar we invested.”

“The shift marked the first big move from Asha Sharma, who took over as Xbox's Chief Executive in February.”