Microsoft denies plans to sell Xbox division
Microsoft's gaming chief Asha Sharma has stated that Xbox is not for sale, directly addressing rumors that the company was considering spinning off or divesting the gaming division. Sharma emphasized that Microsoft is taking a long-term approach and restructuring Xbox, including laying off thousands of employees and consolidating studios, to improve its performance rather than preparing for a sale. Recent executive statements have backed this strategy.
- Asha Sharma publicly denied Xbox sale rumors
- Microsoft is restructuring Xbox and cutting jobs
- Recent studio consolidations and layoffs are part of a reset
- Executives emphasized a long-term commitment to Xbox
- No current plans for divestment, despite industry speculation
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