Multiple outlets report that Microsoft’s Xbox division is preparing for significant layoffs next month, with the job cuts expected to be announced in July. The planned restructuring is linked to Asha Sharma, who became Xbox’s CEO and is described as rolling out a “reset” of the business. Reports say Sharma is implementing changes as Xbox faces financial and operational pressures, including declining revenue and higher costs. Bloomberg and other sources frame the move as part of a broader transformation under Sharma, who is co-leading the effort alongside Matt Booty, head of Xbox Game Studios.

While the reports agree that layoffs are expected, they differ on the extent and details. Times of India cites figures of up to about 1,000 jobs and also mentions the possibility of a studio closure. Other outlets characterize the cuts more generally as “major,” “significant,” or part of a first major restructuring by the new leadership team. Overall, the coverage indicates Xbox is tightening budgets and adjusting staffing as Sharma’s reset plan takes effect.