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Microsoft to layoff 1,000 employes at Xbox as CEO Asha Sharma orders a ‘reset’; says: This cannot…

Microsoft’s Xbox division is heading into July with a layoff plan, a marketing budget cut, and possibly a studio closure on the table, according to Bloomberg, as CEO Asha Sharma uses her first 100 days to set up what she is calling a full business “reset.” The cuts, expected shortly after Microsoft’s fiscal year ends…

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