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Xbox’s ‘reset’: all the news about Microsoft’s looming layoffs and studio closures

The Verge Jul 1, 2026 · 9:01 PM 👁 0 views ❤ 0 likes

Xbox is making some big changes — again. On June 10th, a few months after Asha Sharma took over as CEO, she and newly-promoted chief content officer Matt Booty sent a memo to staff warning of an “Xbox reset.” The business, they said, is facing significant challenges, including a 3 percent “accountability margin,” massively higher […]

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