Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports

"This cannot continue": Xbox leaders lay out "hard truths" behind sagging brand

Brutal self-assessment paints a picture of a Microsoft gaming division in crisis.

Xbox Shares Vision for Next 100 Days, But Layoffs May Be Coming Soon

Now that the Xbox Games Showcase has come and gone, Asha Sharma is outlining what the next 100 days will look like at Xbox. Additionally, a new report suggests layoffs may be on the way at the company. Reports Suggests Xbox Is Facing Incoming Layoffs Xbox presented an impressive array of upcoming titles during the recent Xbox Games Showcase and surprised fans with the reveal of a new commitment to bringing back Xbox exclusives. Despite the posit…

Xbox reportedly planning layoffs to tackle dwindling revenue woes

Xbox more negatively affected by component crisis due to choices made by the company, Asha Sharma said. Read more: Xbox reportedly planning layoffs to tackle dwindling revenue woes

Xbox CEO's Internal Email Admits 3% Margin Crisis as Microsoft Eyes Major Layoffs Next Month

Microsoft is preparing for significant workforce reductions within its Xbox division next month, following an internal email from CEO Asha Sharma acknowledging that the unit's accountability margin has dropped to just 3%. The upcoming layoffs are expected to be accompanied by cuts to the gaming brand's marketing and operational budgets. This restructuring marks the first major administrative overhaul under Sharma, who assumed leadership of the g…

‘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 job cuts coming next month.