Skip to content

Xbox CEO Asha Sharma says 'Xbox is not for sale'

gamingSep 30, 202618299

Xbox CEO Asha Sharma told the New York Times "Xbox is not for sale," denying a report that Microsoft was considering spinning out or restructuring its gaming division to make it easier to sell. The Information had reported the company was weighing a restructure into a wholly owned subsidiary. Sharma said "We will do whatever it takes to set the company up for success, and we will look at the right partnerships, the right operating model and everything needed to achieve that." Microsoft CEO Satya Nadella praised Sharma's recent streamlining of Xbox and on the Sources Podcast said he feels "fantastic" about the studios and IP portfolio while urging a sustainable business model and growth focus. This year Sharma has overseen layoffs and divestments across Xbox, with Microsoft cutting an initial 1,600 jobs and planning another 1,600 by the end of its business year; the company says the second wave is about 75 percent complete. Sharma frames the current work as returning the gaming business to growth by concentrating on its biggest games and exploring new business models and partnerships.

GamesIndustry.biz
@gibiz.bsky.social

Xbox CEO Asha Sharma insists "Xbox is not for sale" www.gamesindustry.biz/xbox-ceo-ash...

Xbox Series X close up
189d ago
3 sources