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'Xbox Is Not for Sale' — Asha Sharma Denies Reports That Microsoft Is Considering Selling Its Gaming Business
Sharma said Xbox is not for sale as Microsoft cuts 3,200 jobs and reshuffles studios in a long-term restructuring.
- Speaking to The New York Times, Xbox CEO Asha Sharma declared "Xbox is not for sale," dismissing speculation about a potential Microsoft divestiture of its gaming division.
- Recent corporate restructuring, including plans to cut 3,200 jobs, fueled analyst speculation that Microsoft might spin off Xbox or restructure it as a standalone entity.
- Operational adjustments include shifting studios under Activision and Bethesda while Sharma acknowledged margins are 3-10x lower than comparable businesses, justifying the restructuring.
- To improve standing, Xbox is prioritizing major franchises like Minecraft and upcoming exclusives including Gears of War: E-Day next week as part of its long-term strategy.
- Facing a severe hardware crisis, Xbox aims to reach 1 billion people daily through cloud expansion in Africa and South Asia, even as component prices double by 2027.
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23 Articles
Xbox CEO Asha Sharma says Microsoft's not selling its console division, despite mass layoffs and studio restructuring: "We will do whatever it takes"
Despite mass layoffs at multiple first-party studios and major internal shakeups, CEO Asha Sharma has shot down speculation about a potential Xbox buyout.
“Xbox is not for sale” says Microsoft’s gaming chief
Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling off its Xbox business. The Information reported in June that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox entirely, and then reported earlier this month that both execs have "more recently supported Sharma's plans to overhaul the […]
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Total News Sources23
Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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