‘This cannot continue’: Microsoft Xbox CEO calls for reset amid… | HappeningNow.news

Technology · 43 views

‘This cannot continue’: Microsoft Xbox CEO calls for reset amid reports of looming job cuts

Xbox CEO Asha Sharma told employees that Microsoft's gaming business will end the fiscal year at about a 3% profit margin, saying years of heavy spending without revenue growth "cannot continue" — as Bloomberg and The Verge reported major…

Source Summary Published June 11, 2026 Brief Under 1 min brief
Story intelligence
Coverage Single outlet Single-outlet story
Views 43 Community interest
Brief read Under 1 min brief 44 words

Summary

Xbox CEO Asha Sharma told employees that Microsoft's gaming business will end the fiscal year at about a 3% profit margin, saying years of heavy spending without revenue growth "cannot continue" — as Bloomberg and The Verge reported major job cuts coming next month.

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