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The Latest Breaking News from Asha Sharma

Microsoft Purges Thousands of Staff as Leaked Executive Memo Exposes Historic $20 Billion Xbox Cash Collapse

Microsoft has cut thousands of jobs in its Xbox and sales divisions following a memo revealing significant financial losses. The layoffs mark one of Xbox's largest workforce reductions.

International Business Times UK

Stocks Climb As Tech Maintains Momentum. Dow Jones Reaches Historical Milestone

Stocks posted broad gains on Monday as markets maintain momentum.

International Business Times

Xbox wants to entertain "more than a billion people each day" — and it’s restructuring the entire company to chase that goal

Xbox CEO Asha Sharma has outlined a long-term ambition to reach one billion daily players as Microsoft restructures its gaming business. The goal would require unprecedented growth, raising questions about how Xbox plans to expand its global reach.

Windows Central

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Arkane founder asks Xbox CEO "how much" Microsoft wants for the studio: "I'm asking for a friend"

Raphael Colantonio is now head of WolfEye Studios

GamesRadar

"Mojang ... will now report directly to me": Xbox CEO takes direct control of Minecraft to better compete with Roblox as Microsoft's huge gaming cuts hit

As Microsoft's mass Xbox layoffs come down, Xbox CEO Asha Sharma assumes direct oversight over Minecraft, Candy Crush, and its development teams.

Windows Central

Exclusive: Xbox's CEO on 3,200 layoffs, four studios cut, and her blunt warning that 'we spread ourselves too thin'

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including downsizing that will impact 20% of staff.

Fortune

Xbox in Chaos: Why Microsoft Just Axed 4,800 Jobs

Microsoft Corp. (NASDAQ:MSFT) stock fell more than 1% on Monday after the company unveiled another round of layoffs, even as technology stocks rallied. The Nasdaq gained 1.83%, and the S&P 500 rose 0.83%.

Benzinga

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Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-up

About 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year.

Euronews

Arkane temporarily spared in Xbox bloodbath thanks to French law, but its future is up in the air

Putting all my hopes and dreams on an independent Arkane.

PC Gamer

Microsoft cuts 4,800 jobs as it revamps Xbox

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be…

The Economic Times

Xbox acquisitions have been a disaster: "In a typical year, we lost 64 cents for every dollar we invested"

"We have also learned that we are not the best home for every type of studio"

GamesRadar

Xbox's CEO wants its games to cater to 'more than a billion people each day', or 24 times more than the peak population of Steam, which is delusional

Alternate title: Does Xbox CEO Asha Sharma know what a billion is?

PC Gamer

Microsoft lays off thousands of employees as Xbox CEO says business is ‘not healthy’

Microsoft eliminated approximately 2.1% of its global workforce

The Independent UK

Xbox announces 'the most significant restructure' in its history — and it'll cause 1,600 'painful' job losses today and numerous studio sales

The rumors were true: Xbox announces thousands of job layoffs and some serious studio restructuring

TechRadar

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Windows Central

Xbox hardware "is safe" from mass layoffs with a focus on innovation to reduce the material cost of Helix

Xbox hardware dodges mass cuts. Next-gen Project Helix is safe as engineers innovate to lower material costs.

Destructoid

Every studio affected by Xbox’s ‘reset’ – July 2026 layoffs

A dark day.

GamesRadar

Xbox parts ways with 4 studios, with South of Midnight and Psychonauts devs going independent as Arkane begins "required consultation" to "review potential strategic options"

This comes as part of the "most significant restructure in Xbox history," per CEO Asha Sharma

PC Gamer

Xbox is laying off 3,200 people and dumping 4 studios in 'the most significant restructure in Xbox history'

Compulsion, Double Fine, Ninja Theory, and Undead Labs are out, and the future doesn't sound very good for Arkane either.

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International Business Times

Microsoft Sheds More Than 2% Of Its Staff As Xbox Division Undergoes Major Reorganization

Microsoft announced its laying off more than 2% of its workforce, which is largely affecting the Xbox division.

GamesRadar

Microsoft is cutting 3,200 Xbox employees, and half of them will be eliminated today in "the most significant restructure in Xbox history"

"Today’s decisions do not reflect their talent or dedication," new Xbox CEO says of staff

Destructoid

Xbox CEO confirms massive wave of 1,600 layoffs today, with even more still to come

She called it " the most significant restructure" in company history.

Windows Central

Xbox's big "reset" cuts: Compulsion, Double Fine, Undead Labs, Ninja Theory to leave Xbox — 3,200 roles to be removed

Xbox's expected cuts have been revealed. It'll be the single biggest staff reduction event in the platform's history — although no announced projects have been cancelled, and no studios have been closed (so far).

Windows Central

Windows Central Podcast: The path ahead for Xbox with Jez Corden

On this week's episode: Zac and Jez discuss the state of Xbox as a business, recent rumors around studio closures, and what Microsoft is planning for Project Helix.,

Windows Central

Change is afoot at Xbox's Arkane Studios and MachineGames — with Machine's co-founder taking over Arkane's operations (UPDATE)

MachineGames Studio Director and co-founder Jerk Gustafsson is seemingly taking over leadership of Arkane from the latter's president, Leonard Bendel, who has resigned.

GamesRadar

Obsidian reportedly safe from Xbox studio closures despite fears the RPG powerhouse was in negotiations to avoid shutdown

The iconic dev behind Fallout: New Vegas, Grounded, Star Wars: KOTOR 2, and more

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