After Laying Off 3,200 Employees, Xbox CEO Joins the Fed's Jobs Task Force
The appointment follows about 3,200 layoffs at Microsoft’s gaming division and adds private-sector input on how artificial intelligence affects employment.
5 Articles
5 Articles
After Laying Off 3,200 Employees, Xbox CEO Joins the Fed's Jobs Task Force
Three days after announcing the gaming industry's biggest layoff of 2026, Xbox CEO Asha Sharma accepted a new role shaping how the Federal Reserve thinks about AI and jobs for the next decade.
Asha Sharma will advise the US Federal Reserve on the development of AI and its impact on American employment. This appointment comes the same week that the head of Xbox announced the layoff of 3,200 people. [Read more] Did you know? Google News lets you choose the media outlets you follow. Don't miss Frandroid and Numerama.
Xbox CEO Asha Sharma joins US Federal Reserve as adviser on AI for "productivity and jobs" taskforce
Recently appointed Xbox CEO Asha Sharma has been tapped by the US government to advise the Federal Reserve on matters related to AI and its impact on the economy.Via press release published on an official government website, the Fed details five distinct taskforces, each co-led by a team of "external advisers" "with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee." Es…
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