Xbox is making some big changes again. On June 10, a few months after Asha Sharma took over as CEO, she and newly-promoted Chief Content Officer Matt Booty sent a memo to employees warning of an “Xbox reset”. The business faces significant challenges, he said, including a 3 percent “responsiveness margin”, massively high component prices for consoles due to memory and storage shortages, and “overstretched” studio systems.
the same day, The Verge And bloomberg It was reported that the Xbox division was planning layoffs in July. The cuts, to be announced July 6, could include studio closures or spinoffs. The VergeTom Warren reported on June 30 that Microsoft was considering closing at least five studios and potentially canceling games. blade.
Read on for our full coverage of the changes on Xbox.
<a href