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On October 21, 2026, it was reported that Xbox CEO Asha Sharma is pushing for layoffs and studio consolidation. The report noted that Microsoft CEO Satya Nadella appointed Asha Sharma, who has no gaming industry experience, in February of this year to succeed Phil Spencer as Xbox CEO; she has laid off thousands of employees, consolidated studios, and reorganized the technology stack in an attempt to turn around the financial difficulties and declining market share of this $21 billion business. The report also mentioned that there are external doubts about whether Nadella is preparing for the sale or spin-off of Xbox at a time when Microsoft is fully committed to the AI race. There is currently no subsequent development supported by evidence.
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How non-gamer Xbox CEO Asha Sharma plans to save Microsoft's gaming businessDevelopments
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- Source:Fortune Tech
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Oct 21
Fortune Tech
How non-gamer Xbox CEO Asha Sharma plans to save Microsoft's gaming business
Microsoft CEO Satya Nadella appointed Asha Sharma, who has zero gaming industry experience, to succeed Phil Spencer as Xbox CEO in February of this year. She has already laid off thousands of employees, consolidated studios and reorganized the technology stack, seeking to reverse the financial troubles and market share decline of this $21 billion business. Observers are also questioning whether Nadella is preparing Xbox for a sale or spin-off at a time when Microsoft is fully committing to the AI race.