A ‘painful’ reset for Xbox: 3,200 job cuts, studio spinoffs, and a vo… | HappeningNow.news

Technology · 20 views

A ‘painful’ reset for Xbox: 3,200 job cuts, studio spinoffs, and a vow to return to growth in 2027

Xbox CEO Asha Sharma calls it the most significant restructuring in Xbox history: 3,200 job cuts, four studio spinoffs, a new COO, and a flattened management structure — all aimed at turning around a division she says has been losing 64…

Source Summary Published July 6, 2026 Brief Under 1 min brief
Story intelligence
Coverage Checking
Views 20 Community interest
Brief read Under 1 min brief 49 words

Summary

Xbox CEO Asha Sharma calls it the most significant restructuring in Xbox history: 3,200 job cuts, four studio spinoffs, a new COO, and a flattened management structure — all aimed at turning around a division she says has been losing 64 cents on every dollar invested in its studios.

Read original at Geekwire

More from Technology

Continue reading recent Technology coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page