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First reported by Variety
Xbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure

Xbox Lays Off 3,200 Employees in Major Restructure; CEO Asha Sharma Outlines Three Reset Aims

By

Pure Xbox

6h ago· 4 min readenNews

Summary

Xbox is laying off 3,200 employees over the next 12 months (half immediately) and parting ways with at least four studios as part of what CEO Asha Sharma calls the "most significant restructure in Xbox history." In a detailed statement, Sharma outlined three key aims: resetting the content portfolio, resetting the platform, and resetting how the company operates — all part of a plan to "reset Xbox" and return the business to growth.

Source

bskyXbox Lays Off 3,200 Employees in Major Restructure; CEO Asha Sharma Outlines Three Reset Aimspurexbox.com

Key quotes

· 3 pulled
First, we will reset our content portfolio.
Second, we will reset our platform.
Third, we are resetting how we operate
Snippet from the RSS feed
Following a massive wave of layoffs

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