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Under Asha Sharma, Microsoft's Xbox division has seen massive layoffs and structural changes in recent months.

Jul 10, 2026 11:12 EDT

Image via Microsoft

The United States Federal Reserve is forming five new task forces to advance the conduct of monetary policy. These task forces, led by Chairman Kevin Warsh, include U.S. business leaders and college professors. Interestingly, Xbox CEO Asha Sharma, who has been making headlines over the past few weeks due to massive layoffs, is also a member of the Productivity and Jobs task force.