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Xbox Layoffs Purge 32% of Phil Spencer's Studio Empire as New CEO Asha Sharma Slashes 3,000 Jobs

International Business Times UK — July 07, 2026 at 02:23 PM UTC

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Xbox Layoffs Purge 32% of Phil Spencer's Studio Empire as New CEO Asha Sharma Slashes 3,000 Jobs

New Xbox CEO Asha Sharma has unveiled a sweeping restructure that will cut around 3,000 jobs and spin off four studios, slashing roughly a third of the development empire built under former boss Phil Spencer.