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Xbox plans major layoffs in July as CEO Asha Sharma begins reset

techJun 10, 2026413,054

Xbox will carry out major layoffs in July as new CEO Asha Sharma begins a 100-day "reset" of the business. Sharma and chief content officer Matt Booty told staff the overhaul will include rebuilding platform infrastructure, rethinking the content portfolio, and cutting costs as Xbox expects to finish the fiscal year with about a 3% accountability margin. Sharma has warned that rising hardware costs challenge the traditional console model and signaled Xbox may pursue "radically different" ways to deliver consoles. The cuts and strategic reset will shape which games and studios Xbox funds, how it invests in hardware and services, and the company’s competitive direction under Sharma.

Jason Schreier
@jasonschreier.bsky.social

BREAKING: Xbox is planning major layoffs next month, Bloomberg has learned, as new CEO Asha Sharma confronts a bleak picture and plans what she calls a "reset" of the business www.bloomberg.com/news/article...

9724h ago
Krees396

We're doing amazing and just shipped a bunch of hits? Layoffs. We're doing badly and we need change? Also layoffs. Our new CEO is putting us on track and we're gonna do great? Believe it or not, also layoffs.

Simon Gable Lundmark141

heartwarming: employees to be laid off via brand new team spirit xbox email addresses

Jesus Died for Arsons107

I feel like every company I’ve worked at, “new CEO” means “major layoffs” and yet every new CEO’s first company town hall they always go “don’t worry, I’m not planning massive layoffs” 😒

Nails the Tabaxi 🍉87

It's almost like capitalism isn't a sustainable system and has begun to eat itself in order to constantly satiate the twin groups of worthless parasites known as the executive class and shareholders.

Joakim "konjak" Sandberg69

Can't just reset with the people you had

The Spaceshipper 🚀41

As usual, extremely well-paid people make mistakes and others pay for it, how original. 👎

scottatron17.bsky.social31

Im sure some idiots will praise her for it.

Jordan Vulich22

Somethings never change. Fucking sucks

Teufelaffe17

Rent $20 million Salaries $15 million AI $400 billion Utility $15 million someone who is good at the economy please help me budget this. the shareholders are angry

Goofierbrute14

....... It's really hard to make exclusives for the Xbox when YOU KEEP LAYING PEOPLE OFF!

Brandon Makar10

Surely Matthew Ball and Aaron Greenberg are on the block.....right? Right?

Setsune Wave8

Nobody could've seen this coming! Everybody saw this coming. bsky.app/profile/sets...

Premium Steve8

Endless layoffs, the story of the 2020s videogame industry

I Me Mine-lo8

i will be Not As Mad if they're AI-related layoffs since we know she's scrapping plans for copilot on xbox/mobile (WHICH I THINK IS GOOD).

MattMT6

So Xbox is planning major layoffs, but is XBOX?

EliotBallade5

Meet the new boss, same as the old boss

Kaaboose5

How is THIS the ONE job that ISN'T threatened by AI taking it?

Peter G4

Genuinely, from the bottom of my heart: fuck Microsoft.

kennyellis.bsky.social4

I bet they get a bonus at the end of the year for staying under a certain budget and the easiest way for these shit eaters to do that is fire all the little people. #SaveStargate

GetGoodGirl3

Xbox gonna Xbox. Nothing ever changes.

Thera3

I am starting to think that the focus on bringing back XBOX name and separate it again from Microsoft (no more "everything is an XBOX) is to sell the brand to Saudi / Tencent.

Cherry3

They Better be firing ai staff

extremepayne2

i cannot take anyone who says “accountability margin” seriously

FUPA Troopa2

So she's taking a pay cut to save money, I assume that's part of massive layoffs? Or is it just more money for rich assholes?

Erren2

So they did pull Halo from the State of Play. Clown shoes company.

Jade2

I heard today that 007 first light had sold just over 50% on Sony, 30 something on steam and just 11% on Xbox. Are gears and Clockwork console sellers? They’re gonna need to be. I hope they can make it work I love the brand as a fan.

lemasterofswords.bsky.social2

Oh wow she was a snake along. just like every Xbox CEO ever. shocker

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