Microsoft CEO Praises Xbox Restructuring Amid Layoffs
Written with artificial intelligence.
Microsoft CEO Satya Nadella has expressed support for the restructuring of Xbox led by CEO Asha Sharma, despite recent layoffs affecting 268 employees. Nadella emphasized the importance of streamlining operations to foster growth and enhance game production.
Overview of Xbox Restructuring
In recent comments on the Sources podcast, Microsoft CEO Satya Nadella highlighted the ongoing restructuring at Xbox, led by CEO Asha Sharma. His remarks come shortly after the announcement of additional layoffs within the division, totaling 268 positions.
Nadella shared his optimism about Xbox's intellectual property (IP) portfolio and the potential for future game production. He stated, "I feel fantastic about the IP we have right now," and emphasized the need for a sustainable business model to broaden access to gaming.
Job Cuts and Studio Changes
The recent layoffs are part of a larger restructuring effort. This follows earlier job cuts affecting 3,200 employees, described by Asha Sharma as the most significant restructuring in the company's history. The latest changes also involve organizational shifts, including the closure of British studio Ninja Theory and a merger of Playground and Turn 10 studios.
Additionally, Undead Labs has gone independent and has experienced layoffs, while both Age of Empires and Mythology developer World's Edge have also seen reductions in staff. Nadella confirmed that Xbox aims to achieve growth in the upcoming fiscal year as part of their new strategic plan.