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Multiple outlets (The Verge, Kotaku, Insider Gaming) corroborate Xbox CEO Asha Sharma denying sale rumors in a New York Times interview on Sept 30.

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via Video Games Chronicle

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Home/Gaming/Xbox CEO Sharma Says Gaming Unit Is Not for Sale
VERIFIEDBy Xavier Rivera· ·1 min read

Xbox CEO Sharma Says Gaming Unit Is Not for Sale

Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling or spinning out its gaming business. The statement follows June restructuring plans that include up to 3,200 layoffs during the 2027 financial year.

Source:Video Games Chronicle
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Xbox CEO Sharma Says Gaming Unit Is Not for Sale
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Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling or spinning out its gaming business.

Sharma rejects sale rumors in New York Times interview. Sharma told the outlet that Xbox is not for sale. She added that the company will pursue the right partnerships and operating model to achieve success.
Nadella said there is some amount of streamlining under Sharma that is great to see.

The comments come after The Information reported in June that Microsoft CEO Satya Nadella and CFO Amy Hood had considered spinning out Xbox entirely. The same outlet reported earlier this month that both executives have more recently backed Sharma’s overhaul plans.

Restructuring includes major layoffs and studio shifts. Microsoft plans to lay off up to 3,200 Xbox employees during its 2027 financial year, which ends in June. The restructuring has moved Halo under Activision along with the developers of Sea of Thieves and Age of Empires.
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Sharma announced the overhaul in June and described it as a reset for the division. Nadella publicly supported the changes last week on the Sources podcast.
He added that Microsoft must invent the right sustainable business model to deliver gaming to more people.

Nadella endorses streamlining and new business model. Nadella said there is some amount of streamlining under Sharma that is great to see. He added that Microsoft must invent the right sustainable business model to deliver gaming to more people.
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Sharma stated that Microsoft has a long way to go and will take the long-term view.
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