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Dubai News Club > Tech > Xbox CEO lays out priorities in memo after major ‘reset’
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Xbox CEO lays out priorities in memo after major ‘reset’

Press Room
Last updated: 2026/07/30
Press Room
Published: July 30, 2026
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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.”

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