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moves money Tech-Economic Times July 07, 2026

Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a decline

Xbox layoffs: CEO Asha Sharma deems historic job cuts a ‘reset’, not a decline
AI Summary

Xbox will eliminate roughly 3,200 roles over FY27, with about 1,600 cuts effective immediately. Four studios — Compulsion Games, Double Fine Productions, Ninja Theory, and Undead Labs — will exit Xbox under new ownership.

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