Microsoft to layoff 1,000 employes at Xbox as CEO Asha Sharma orders 'reset'
•Microsoft plans to lay off up to 1,000 employees in its Xbox division.
•New Xbox CEO Asha Sharma has called for a full business "reset" amid financial challenges.
•The division is facing rising costs, declining revenue, and a crisis in hardware components.
Microsoft's Xbox division is bracing for major layoffs in July, with reports suggesting up to 1,000 jobs could be cut and a studio closure possible. New Xbox CEO Asha Sharma, in a blunt memo to staff co-signed with Matt Booty, called for a full business "reset," flagging a 3% margin, $20 billion in spending, declining revenue, and a hardware component crisis pushing console parts 5x higher.المصدر: Times of India | Source: Times of India
→Microsoft plans to lay off up to 1,000 employees in its Xbox division.
→New Xbox CEO Asha Sharma has called for a full business "reset" amid financial challenges.
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