No layoffs at Xbox as a result of leadership shakeup, new chief content officer Matt Booty says: 'My focus is on supporting the teams and leaders we have in place and creating the conditions for them to do their best work'

Phil Spencer is retiring as Xbox boss and Sarah Bond resigned, with AI executive Asha Sharma taking over as CEO and Matt Booty moving to chief content officer. Booty stated no immediate organizational changes or layoffs are planned for studios, though he acknowledged new leadership often brings shifting priorities that could trigger cuts downstream.

Appeared in 2026-02-23.