Xbox CEO Sharma: 'Xbox is not for sale'
Xbox CEO Asha Sharma told The New York Times that Microsoft is not selling the Xbox business, citing a long-term view and the right partnerships.
Xbox CEO Asha Sharma said in an interview with The New York Times that Xbox is not for sale. "Xbox is not for sale," Sharma said, pushing back on speculation about the division's future under Microsoft.
Sharma said the company will pursue the right partnerships and operating model to set the business up for success. She added that Microsoft and Xbox are taking a long-term view.
The comments follow months of reporting on Xbox's direction. In June, The Information reported that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox. Earlier this month, The Information reported that Nadella and Hood have more recently supported Sharma's plans to overhaul the unit.
Sharma announced her Xbox restructuring in June, calling it a reset for the division. The most recent restructuring moved Halo under Activision, along with the developers behind Sea of Thieves and Age of Empires. Microsoft plans to lay off up to 3,200 Xbox employees over its 2027 financial year, which ends in June.
Nadella backed Sharma's restructuring and layoffs in a recent appearance on the Sources podcast, saying last week that the team is streamlining and that Microsoft must invent a sustainable business model. Sharma said in February that "The plan's the plan until it's not the plan."
Quick answers
Is Microsoft selling Xbox?
Xbox CEO Asha Sharma said in an interview with The New York Times that Xbox is not for sale.
What did Asha Sharma say about Xbox's future?
Sharma said the company will pursue the right partnerships and operating model to set the business up for success, and that Microsoft and Xbox are taking a long-term view.
What has been reported about Microsoft spinning out Xbox?
In June, The Information reported that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox. Earlier this month, The Information reported that Nadella and Hood have more recently supported Sharma's plans to overhaul the unit.