Microsoft's Gaming Chief Denies Xbox Sale Rumors
Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling its gaming division. In an interview with The New York Times, she stated clearly: “Xbox is not for sale.” This comes after earlier speculation from The Information in June and again this month suggesting internal discussions about spinning off the Xbox business had taken place. Instead of a potential sale, Sharma has been leading a major restructuring effort within Microsoft’s gaming division. She announced plans to streamline operations, including up to 3,200 layoffs over its fiscal year ending in June 2027. Microsoft CEO Satya Nadella supports these changes and emphasized the need for sustainable business models that expand Xbox's reach. The reorganization includes moving key franchises like Halo under Activision Blizzard and restructuring Xbox Game Studios. The goal appears to be positioning Xbox as a more focused, self-sustaining unit within Microsoft rather than pursuing an immediate sale.
Topics: executive statements layoffs Microsoft restructuring Xbox