Is Microsoft selling Xbox? Here's why rumours are growing
Microsoft is undergoing a significant restructuring of its Xbox division, involving thousands of layoffs and the divestment of several game studios. These moves have sparked industry speculation regarding the long-term viability of Microsoft's hardware business.
Why it matters
The potential exit of a major player like Microsoft from the console hardware market would fundamentally reshape the gaming industry.
Home News World Sports Entertainment Science Royal Trending Health Videos Technology Trending Is Microsoft selling Xbox? Here's why rumours are growing Microsoft laid off about 1,600 Xbox employees, with another 1,600 planned over the coming fiscal year
If you haven't been following Xbox news, here's the short version: Microsoft's gaming division is going through its biggest shake-up in years, and it's raising a question nobody expected to be asking seriously: could Microsoft eventually sell Xbox altogether?
Earlier this year Asha Sharma was appointed the CEO of Xbox, taking over from its long-time head, Phil Spencer, after leading the company for more than ten years. Not long into the new job, Sharma, along with the recently appointed chief content officer, Matt Booty, circulated a memo to employees about an "Xbox reset".
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