Microsoft Xbox layoffs: Xbox CEO Asha Sharma is under the spotlight after Microsoft announced significant workforce reductions. Asha Sharma previously gained praise for distributing free consoles to thousands of fans at LA. The 36-year-old Indian-origin CEO previously worked at Meta, Porch, and Instacart before joining Microsoft again in 2024 as President.

Microsoft announced plans to lay off around 4,800 employees on Monday. Of those, 1,600 come from Xbox layoffs and studio spinouts. More will follow.

Xbox is set to layoff 1,600 staffers Monday and up to another 1,600 over the next year in what new CEO Asha Sharma calls the "most significant restructure" in the Microsoft-owned…

Microsoft eliminated approximately 2.1% of its global workforce