Xbox reportedly preparing for "significant" lay-offs, as Asha Sharma's big "reset" plan comes into full force

Eurogamer · 4 min read · studios

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Xbox is preparing significant layoffs in July as part of CEO Asha Sharma's business reset, with cuts also planned for marketing and other areas. The company reported a 3% profit margin and nearly $500 million annual revenue decline over five years, prompting a strategic overhaul to restore financial health.