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Xbox's New CEO Has Announced a 'Business Reset,' Reportedly Planning Massive Layoffs and Significant Budget Cuts.

Summary by GIGAZINE
Asha Sharma, who became CEO of Microsoft's Xbox division in February 2026, sent a message to employees titled 'The Next 100 Days: Xbox Reset' on the 100th day since taking office. According to CEO Sharma, Xbox is facing a crisis of parts shortages and other issues, and a 'business restructuring' is necessary. Next 100 Days: XBOX Reset - XBOX Wire https://news.xbo/en-us/2026/06/10/next-100-days-xbox-reset/ CEO Sharma shared some information, stat…
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7 Articles

Asha Sharma has brought Xbox back from the dead. The danger is not over, though.

Asha Sharma and Matt Booty, the new Xbox captains after Phil Spencer’s march, have sent a letter to the squad that sounds more like a threat than a road map. Bomb letter: what Sharma and Booty have released to the template The text, which is already circulating throughout the specialized press, starts with an autopsy of its first 100 days in front: Game Pass grows back after eight months of subscribers’ sangria, the expected Gears of War: E-Day …

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GIGAZINE broke the news on Thursday, June 11, 2026.
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