“We need a new business model and partnerships for hardware,” Asha Sharma says in a memo amid reports that Redmond is preparing layoffs for the Xbox division.
Xbox CEO Asha Sharma told staff that the gaming division is on track for a 3% margin and declining revenue despite more than $20 billion in investments over five years, while major layoffs loom.
Xbox CEO Asha Sharma says Microsoft’s gaming business is facing declining sales and slim profit margins, even as the company…
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