Xbox CEO lays out priorities in memo after major ‘reset’

Asha Sharma. | Image: The Verge, Microsoft After a massive Xbox "reset" that laid off thousands of employees and spun off four studios, Xbox CEO Asha Sharma wants to get Xbox back to growth.

In a memo obtained by The Verge, Sharma told staff by the end of fiscal year 2027 (which runs through next June), "we will return XBOX to player and revenue growth. " Xbox will also "improve profits back in line with industry averages," Sharma said.