"Xbox is not for sale": CEO Asha Sharma says "we will do whatever it takes" to turn the console maker's fortunes around
Covered by 2 sources · 2 articles
Xbox leadership is publicly dismissing acquisition rumors even as the division undergoes significant restructuring. CEO Asha Sharma stated the company is not for sale and committed to turning around Xbox's performance through internal efforts. This declaration comes amid layoffs across multiple first-party studios and substantial organizational changes, though the specifics of the turnaround strategy remain unclear beyond the personnel reductions already underway.
- Sharma explicitly denied Xbox is being sold, countering recent buyout speculation.
- The commitment to fix Xbox's trajectory is happening alongside ongoing staff cuts across owned studios.
- Concrete details about the recovery plan beyond layoffs have not been outlined.
Xbox's leadership is betting internal restructuring alone will reverse declining console market share and game sales momentum.
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"Xbox is not for sale," says CEO despite rumors: "We will do whatever it takes"
Right now, it seems whatever it takes is just a whole lot of layoffs
"Xbox is not for sale": CEO Asha Sharma says "we will do whatever it takes" to turn the console maker's fortunes around
Despite mass layoffs at multiple first-party studios and major internal shakeups, CEO Asha Sharma has shot down speculation about a potential Xbox buyout.