Categories
Leaders

Xbox Chief Asha Sharma to lead US jobs taskforce

Microsoft executive and Xbox CEO Asha Sharma has been appointed to lead a new US Jobs Task Force, a move aimed at helping workers prepare for the changing demands of an economy increasingly shaped by artificial intelligence and emerging technologies.

The announcement comes shortly after Microsoft laid off around 3,200 employees, including staff across several business divisions. While the timing has drawn attention, the company says the new task force is focused on the long-term challenge of equipping workers with skills needed for future jobs rather than responding directly to the recent layoffs.

The task force will bring together leaders from business, education and public policy to identify ways of improving workforce training, expanding digital skills and helping more people adapt to rapidly changing workplaces. Artificial intelligence, automation and other advanced technologies are expected to reshape millions of jobs over the coming years, increasing the need for continuous learning and reskilling.

Sharma, who has held leadership roles across Microsoft’s AI and consumer businesses before taking charge of Xbox, is expected to guide discussions on how technology companies can work with governments and educational institutions to create better employment opportunities.

Industry experts say the appointment reflects a growing recognition that AI will transform the nature of work rather than simply replace jobs. Many companies are now investing in programmes that help employees develop new technical and digital skills to remain competitive in the evolving job market.

The announcement has sparked discussion because it follows Microsoft’s latest round of workforce reductions. While some observers see a contrast between layoffs and the launch of a jobs initiative, others believe the move highlights the need to prepare workers for the next generation of careers shaped by AI and digital transformation.

Microsoft has said it remains committed to investing in artificial intelligence while supporting workforce development through partnerships and training initiatives. The company believes collaboration between businesses, governments and educators will be essential to help workers navigate technological change.

Also Read: Anthropic brings Reflect dashboard for Claude users

Categories
Leaders

Xbox CEO Asha Sharma announces 3,200 job cuts

Xbox CEO Asha Sharma has announced a major restructuring of Microsoft’s gaming division, with around 3,200 employees set to lose their jobs as the company seeks to build a more focused and sustainable business.

In a message to employees, Sharma said the decision followed lessons from recent investments and highlighted the need to improve efficiency across Xbox operations. She reportedly noted that some investments had not delivered expected returns, with the company losing “64 cents for every dollar” invested in certain areas.

The layoffs will impact teams across Xbox, including game studios and development operations. Microsoft is also reviewing its studio portfolio, with some projects being cancelled or reconsidered as the company prioritises franchises and services with stronger growth potential.

Sharma said the restructuring was aimed at creating a more agile organisation and allowing teams to focus on projects that provide greater value to players and the business.

The move comes as Microsoft continues to reshape its gaming strategy after major investments, including the acquisition of Activision Blizzard and expansion of Xbox Game Pass. The company has been pushing beyond console sales through cloud gaming, subscriptions and multi-platform game releases.

However, the gaming industry has faced growing pressure due to rising development costs, slower market growth and changing player habits. Several global gaming companies have announced layoffs and project cancellations as they attempt to control expenses.

Also Read: Microsoft cuts 4,800 jobs as Xbox restructures

Categories
Leaders

Xbox CEO Asha Sharma plans major layoffs

Xbox is preparing for a significant restructuring that could include substantial job cuts as newly appointed CEO Asha Sharma moves to reshape the gaming business for its next phase of growth.

According to reports, Sharma is expected to lead a broad overhaul of Xbox’s operations, focusing on improving efficiency, simplifying management structures and aligning resources with the company’s long-term strategy. The planned changes come as the gaming industry faces increasing pressure to control costs while investing in emerging technologies and new gaming experiences.

Sources familiar with the matter said the restructuring could result in significant layoffs across various teams within the Xbox division. While the exact number of affected employees has not been disclosed, the move is expected to be one of the most notable organizational changes within the company in recent years.

Sharma, who recently took charge of Xbox, is said to be reviewing multiple aspects of the business, including product development, operations and organizational structure. The goal is to create a more agile and focused gaming division capable of responding quickly to changes in the highly competitive gaming market.

The restructuring follows a period of rapid expansion across Microsoft’s gaming business, including major acquisitions and investments aimed at strengthening Xbox’s position globally. Industry observers note that many technology companies have been reassessing costs and workforce requirements amid changing economic conditions and evolving consumer demand.

Despite the expected layoffs, the broader strategy is believed to focus on strengthening Xbox’s long-term competitiveness. The company continues to invest in areas such as cloud gaming, digital content, artificial intelligence and subscription-based gaming services, which are seen as key drivers of future growth.

Neither Xbox nor Microsoft has publicly provided detailed information about the scale of the planned workforce reductions. However, reports suggest employees could receive more clarity as the restructuring process moves forward in the coming weeks.

The anticipated changes mark an important moment for Xbox as Sharma begins her tenure as CEO.

Also Read: US FDA issues import alert for Dabur’s Silvassa plant

Categories
Leaders

Asha Sharma appointed CEO of Microsoft Gaming

Asha Sharma has been appointed Executive Vice President and CEO of Microsoft Gaming, the company announced on February 20, 2026. Reporting directly to CEO Satya Nadella, Sharma will lead Xbox, Xbox Game Studios, Activision Blizzard, Bethesda, King and Microsoft’s wider gaming efforts. The move follows Phil Spencer’s decision to step back from day-to-day leadership; Spencer will remain in an advisory capacity through the summer to support the transition.

Sharma arrives with experience scaling consumer platforms and operations, including senior roles at Instacart and Meta. Microsoft highlighted her track record building large ecosystems and reaching broad audiences as a key reason for the hire, saying those skills will help grow the company’s platform, content and community across console, PC and mobile. The gaming organization she inherits includes nearly 40 internal studios and a portfolio of well-known franchises that reach hundreds of millions of players.

As part of the leadership reshuffle, Matt Booty has been promoted to Executive Vice President and Chief Content Officer and will report to Sharma. Booty will continue to oversee studio operations and creative strategy, focusing on content development, studio investment and the company’s long-term creative roadmap. Microsoft framed the changes as a planned succession designed to maintain momentum across hardware, cloud services and content while preparing for the next phase of growth in gaming.

In her first public statement as incoming CEO, Sharma set out three priorities: invest in great games, renew focus on Xbox and its core fans, and shape the future of play by supporting creative teams and building platforms and tools that let developers reach players across devices. She stressed the importance of protecting creative craft and cautioned against short-term monetization approaches that could erode player trust.

Microsoft thanked Phil Spencer for his decades of service and for guiding the business through major expansions and acquisitions that reshaped its gaming strategy. The company said the leadership change positions Microsoft to accelerate studio investment, expand content offerings and deepen engagement with players worldwide as gaming continues to evolve across devices and cloud services.

Also Read: Banks’ quarterly profit tops ₹1 lakh crore