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Xbox’s ‘reset’: all the news about Microsoft’s looming layoffs and studio closures

The Verge • 2026-07-01T16:58

Xbox’s ‘reset’: all the news about Microsoft’s looming layoffs and studio closures

Xbox is making some big changes — again. On June 10th, a few months after Asha Sharma took over as CEO, she and newly-promoted chief content officer Matt Booty sent a memo to staff warning of an “Xbox reset.” The business, they said, is facing significant challenges, including a 3 percent “accountability margin,” massively higher […]

What happened?

Xbox is making some big changes — again. On June 10th, a few months after Asha Sharma took over as CEO, she and newly-promoted chief content officer Matt Booty sent a memo to staff warning of an “Xbox reset.” The business, they said, is facing significant challenges, including a 3 percent “accountability margin,” massively higher […]

Story details

Xbox is making some big changes — again.

On June 10th, a few months after Asha Sharma took over as CEO, she and newly-promoted chief content officer Matt Booty sent a memo to staff warning of an “Xbox reset.” The business, they said, is facing significant challenges, including a 3 percent “accountability margin,” massively higher […]

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Original source

https://www.theverge.com/games/959900/xbox-reset-layoffs-studio-closures