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Xbox CEO Denies Divestment Rumors: "We're Going To Take the Long-Term View"

TechPowerUp News •
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With recent insider reports claiming that Microsoft is putting pressure on Xbox to increase profitability, and given the recent mass layoffs that have taken place at Xbox Game Studios, it's easy to see why there were rumors floating around that Microsoft and Xbox CEO, Asha Sharma, were preparing the gaming division for a divestment or to be sold off. However, Sharma has addressed those allegations directly in a recent interview with The New York Times, where she clarified that Xbox is in it for the long-haul, and that Microsoft has no plans to sell off its gaming division.> Asha Sharma via Windows CentralXbox is not for sale. \[...\] 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. \[...\] We've got a long way to go with Microsoft, and we're going to take the long-term view.[](https://www.techpowerup.com/img/FmAIDjzALFO7cfTC.jpg)Read full story

Source: TechPowerUp News · Summarized by HeadlinesBriefing