The Verge
Xbox’s bold plan for the future sounds nearly impossible
Tuesday, July 7, 2026
Microsoft announced layoffs across Xbox on Monday, with CEO Asha Sharma calling it "the most significant restructure in Xbox history." In her memo to staff, Sharma stated the company aims to become "one of the few companies that entertains more than" a specific audience segment, though the full statement was not provided. The announcement occurred amid broader challenges in the video game industry. Specific numbers of affected employees and details of the restructuring plan were not disclosed in the available text.
Original reporting: https://www.theverge.com/entertainment/961924/xbox-billion-users
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