Xbox CEO Asha Sharma issues a four-point recovery plan in an internal memo following Microsoft’s Xbox restructuring, which includes cutting about 2,800 jobs and spinning off four studios. According to reports, Sharma focuses on returning Xbox to player and revenue growth and sets timelines tied to the end of Microsoft’s fiscal year 2027, which runs through next June. She also calls for improving margins and aligning performance expectations with major competitors, including Sony and Nintendo. The memo highlights continued investment in major Xbox and gaming franchises, including Minecraft and the Candy Crush maker King, and emphasizes efforts to sustain console exclusives through 2030. The Verge and The Times of India both report that Sharma frames the strategy as a “reset” and directs staff toward execution targets aimed at reversing the impact of the layoffs and organizational changes. While the outlets differ slightly in wording and emphasis, they describe the same overall goals: growth, margin improvement, and targeted funding for key franchises and console content, with specific end-of-fiscal-year milestones.
Xbox CEO Asha Sharma outlines recovery plan after Microsoft cuts and studio spinoffs
Xbox CEO Asha Sharma issues a four-point recovery plan in an internal memo following Microsoft’s Xbox restructuring, which includes cutting about 2,800 jobs and spinning off four studios. According to...
- Microsoft cuts about 2,800 Xbox jobs and spins off four studios as part of a restructuring.
- Xbox CEO Asha Sharma sends an internal memo describing a four-point recovery plan.
- The memo sets goals for player and revenue growth by the end of fiscal year 2027 (through next June).
- Sharma says Xbox margins should improve to be competitive with Sony and Nintendo.
- The plan includes continued investment in franchises such as Minecraft and King and supporting console exclusives through 2030.
Xbox CEO Asha Sharma has laid out a four-point recovery plan in a new internal memo, weeks after Microsoft cut 2,800 Xbox jobs and spun off four studios. Sharma wants player and revenue growth back by June 2027, margins matching Sony and Nintendo, and heavy investment in Minecraft, Candy Crush maker King and console exclusives through 2030.
3 hours agoAfter a massive Xbox "reset" that laid off thousands of employees and spun off four studios, Xbox CEO Asha Sharma wants to get Xbox back to growth. In a memo obtained by The Verge, Sharma told staff by the end of fiscal year 2027 (which runs through next June), "we will return XBOX to player […]
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