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 and revenue growth. » Xbox will also « improve profits back in line with industry averages, » Sharma said. « Every function and studio will own part of that outcome. »
Since taking over Xbox in February, Sharma has made sweeping changes to attempt to turn things around. Previously, she has cited challenges like a low accountability margin, increasing compone …
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