Microsoft's Xbox division is reportedly planning layoffs as its new CEO plans a "reset" for the beleaguered gaming business.

Xbox CEO Asha Sharma told employees that Microsoft's gaming business will end the fiscal year at about a 3% profit margin, ...

June 10 (Reuters) - Microsoft's Xbox division is planning major layoffs next month and significant cuts to marketing and ...

Microsoft's Xbox division could soon face a large round of layoffs, as new CEO Asha Sharma looks to revamp the unit.

An internal memo from Xbox leadership outlines mounting financial pressures as the company weighs potential changes.

Microsoft's Xbox division is bracing for major layoffs in July, with reports suggesting up to 1,000 jobs could be cut and a ...

Just 100 days ago, when n CEO Asha Sharma replaced long-serving executive Phil Spencer, she said she’d work to “understand ...

While Microsoft and Xbox plan to explore other platforms, it says it needs to "shore up the platform we have," and vows it won't "move away" from consoles.

Microsoft is preparing to deliver at least one Xbox console exclusive game per year, but with layoffs on the way, which ...

Although Xbox chief Asha Sharma didn't say "layoffs" in her recent memo to staff, the message's tone certainly gives off the ...

For the last while, it has become difficult to articulate why you should pick an Xbox console,” he said. “Players have told ...

A Halo trailer was supposed to air during the recent PlayStation State of Play event, but Xbox CEO Asha Sharma and her team ...