Xbox was born from a tiny renegade team inside Microsoft. Nearly 25 years later, the gaming giant is reinventing itself once more. | World News

Xbox chief says company can't afford to mistake longevity for inevitability

In an effort to save the one-time industry leader, Xbox CEO Asha Sharma on Monday announced 3,200 layoffs and the divestiture of four studios.

Microsoft's latest Xbox layoffs show the pressures facing one of gaming's biggest names and how the new CEO plans to change course.

In a public memo to Xbox employees, CEO Asha Sharma confirmed that Microsoft will eliminate approximately 3,200 positions across the gaming division between now and July 2027,...

Xbox was born from a tiny renegade team inside Microsoft. Nearly 25 years later, the gaming giant is reinventing itself once more. | World News

Microsoft’s Xbox CEO Asha Sharma shared a long post that she had sent to her staff, announcing widespread layoffs and an ambitious plan to “reset” the gaming division.