"Microsoft named AI executive Asha Sharma to lead its Xbox and gaming business, replacing Phil Spencer, and will recommit to console users after years of developing products for mobile and PC players. Spencer, who has run the Xbox business since 2014 and was named gaming CEO in 2022 is retiring, the company said. Xbox President Sarah Bond will also leave. Xbox games studios chief Matt Booty will become chief content officer, reporting to Sharma."
"Microsoft has laid off more than 2,500 gaming employees since 2024, according to industry tracker Obsidian. The company has shuttered studios including Arkane Austin, the Initiative and Tango Gameworks, and canceled games that were in the works for years. The company also angered gamers with deals to bring its most significant console games to rivals devices from Sony and Nintendo."
Asha Sharma, an AI and consumer-experience executive with prior roles at Instacart and Meta Platforms, will lead Xbox and the gaming business as chief executive of gaming. Phil Spencer, who ran Xbox since 2014 and was named gaming CEO in 2022, is retiring, and Xbox President Sarah Bond will also leave. Matt Booty will become chief content officer reporting to Sharma. Microsoft plans to recommit to console users and long-time Xbox fans after years of focus on PC and mobile, a period that included major acquisitions, studio closures, layoffs of over 2,500 employees, and criticized platform deals. Sharma has been overseeing Microsoft’s AI model and agent efforts.
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