// THE VERGE — GAMING
‘Xbox is not for sale’ says Microsoft’s gaming chief
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Xbox CEO Asha Sharma is taking a ‘long-term view’ of Microsoft’s gaming division.
Xbox CEO Asha Sharma is taking a ‘long-term view’ of Microsoft’s gaming division.
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Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling off its Xbox business. The Information reported in June that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox entirely, and then reported earlier this month that both execs have “more recently supported Sharma’s plans to overhaul the unit.”
“Xbox is not for sale,” says Sharma in an interview with The New York Times. “We will do whatever it takes to set the company up for success, and we will look at the right partnerships, the right operating model and everything needed to achieve that.”
It appears that Nadella and Hood have favored the giant Xbox “reset” as the plan for Microsoft’s gaming unit instead of making Xbox a joint venture or spinning out the gaming business entirely. Sharma announced her Xbox restructuring in June, calling it a reset for the division. Microsoft is planning to lay off up to 3,200 Xbox employees over the course of its 2027 financial year, which ends in June.