EQUIPThe Verge · 17h ago
Xbox CEO lays out priorities in memo after major ‘reset’
Executive Brief
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Xbox CEO Asha Sharma is implementing a strategic recovery plan following significant workforce reductions and studio divestments. The initiative aims to restore player base growth and operational stability by the conclusion of fiscal year 2027.
- 01CEO Asha Sharma targets a return to growth following thousands of layoffs and studio spin-offs
- 02Internal memo outlines a recovery timeline extending through the end of fiscal year 2027
- 03The strategy focuses on rebuilding the Xbox player base after a massive organizational reset
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After a massive Xbox "reset" that laid off thousands of employees and spun off four studios, Xbox CEO Asha Sharma wants to get Xbox back to growth. In a memo obtained by The Verge, Sharma told staff by the end of fiscal year 2027 (which runs through next June), "we will return XBOX to player […]