With recent insider reports claiming that Microsoft is putting pressure on Xbox to increase profitability, and given the recent mass layoffs at Xbox Game Studios, rumors surfaced that Microsoft and Xbox CEO Asha Sharma were preparing the gaming division for divestment or sale. However, Sharma addressed those allegations directly in a recent interview with The New York Times, clarifying that Xbox is in it for the long-haul and that Microsoft has no plans to sell off its gaming division.
Sharma stated, "Xbox 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."
Sharma has previously been candid about Xbox facing financial challenges and explained that the company's recent layoffs are part of a reset aimed at "reviving Xbox." Part of that plan hinges on reintroducing Xbox exclusives for both Xbox and PC, while focusing on building a sustainable audience for Xbox consoles and games through those exclusives.
Source: TechPowerUp News · Summarized by HeadlinesBriefing