Xbox Announces Major Layoffs Under New Leadership

Xbox is preparing for substantial workforce reductions as part of a strategic transformation under its new CEO. These significant cuts, reportedly Asha Sharma's first major action, are slated to occur in July. The move signals a major shift in the company's operational strategy and structure, likely aimed at streamlining operations and refocusing resources. This restructuring is expected to impact various departments within the gaming giant as it navigates a changing industry landscape and seeks to optimize its future growth trajectory.