True to form, Xbox’s new strategy is seemingly “you can’t make an omelet without taking a bulldozer to the chicken coop.” The full-scale Xbox “reset,” as described by CEO Asha Sharma, led the company to ax 1,

Xbox CEO Asha Sharma calls it the most significant restructuring in Xbox history: 3,200 job cuts, four studio spinoffs, a new COO, and a flattened management structure — all aimed at turning around a division she says has been losing 64 cents on every dollar invested in its studios.

Last month, Xbox executives laid out some “hard truths” about Microsoft’s struggling gaming division that they said would require a difficult “Xbox reset.” This morning, Microsoft revealed the brutal shape of that “reset,

Amid Layoffs, Xbox Announces Tony Hawk's Pro Skater Coming to Game Pass

Microsoft is pressing its Xbox business for growth and stronger profits after 25 years of losses and thin margins.

Much ink has been spilled already about what the latest round of mass layoffs at Xbox means for the future of Microsoft’s gaming business, including by its own leaders. One thing that’s becoming clear is that even as the company retreats into its biggest blockbuster franchises,

Nexon is taking over Overwatch publishing duties in Korea starting in August

Microsoft stock is under pressure as the company cuts 4,800 jobs, trims Xbox staff, and reshapes its gaming portfolio while AI spending remains in focus.

Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears of AI replacing jobs. The layoffs will hit Xbox and commercial sales the hardest.

The senator from Vermont is pretty chapped about the price hikes, too.