It will all end in flames

Jul 10 from https://www.gamesindustry.biz/

Can a top-down, focused software strategy save Xbox? | Opinion

When Asha Sharma passed the 100-day mark at the helm of Xbox last month, the consensus assessment was cautiously positive – but as I wrote at the time, Sharma's role so far had mostly been crowd-pleasing positioning statements, and the genuinely hard choices would need to be made soon. A month later, we've started to see those hard choices being made. Xbox cut 1,600 jobs on Monday, with...

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Jul 10 from https://www.gamesindustry.biz/

Asha Sharma to co-lead US Federal Reserve's Productivity and Jobs task force

The United States Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead its Productivity and Jobs task force. As detailed in a press release, the Federal Reserve has established five task forces to "examine areas central to the broad conduct of monetary policy." Each task force will be co-led by external advisers, including economists, business leaders, and former central bank...

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Jul 06 from https://edition.cnn.com/business/tech

Microsoft axes 4,800 jobs, including major cuts to Xbox

Microsoft is eliminating about 4,800 jobs — about 2.1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit. “Our business is changing because the world around it is changing,” Amy Coleman, Microsoft’s executive vice president and chief people officer, said in a message to employees on Monday. “The way technology is built, deployed, and used is transforming...

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