Asha Sharma’s memo to Xbox staff: $20 billion spent over five years, revenue down half a billion, margins at 3 percent.

Xbox plans major July layoffs and possible studio closure after revenue dropped nearly $500 million despite $20 billion in ...

Significant layoffs at Microsoft’s Xbox division are expected next month as the business prepares to make considerable ...

Sharma says that when she took over as CEO in February, the price of console storage was twice as high as last fall, and those costs have since doubled yet again.

Microsoft’s gaming division, Xbox, is preparing for one of its most significant restructurings in recent years.

Microsoft's Xbox division is heading into July with a layoff plan, a marketing budget cut, and possibly a studio closure on ...

We need a new business model and partnerships for hardware,' Asha Sharma says in a memo amid reports that Redmond is ...

Xbox CEO Asha Sharma said the company's annual revenue had declined nearly half a billion during last five years.

The heads of Xbox have discussed how expensive console components are ahead of plans for Project Helix, which seems to be ...

Once again Xbox say they need to reset the business, because turning it off and on again the last three times didn't do the ...

Xbox CEO Asha Sharma and Xbox Game Studios head Matt Booty have unveiled the tragic position of Xbox and explained how a ...

Microsoft is done "hiding hard truths" and is planning a big “Xbox reset” over the next 100 days. Multiple reports suggest ...