‘Xbox is not for sale’ says Microsoft’s gaming chief

The Verge News

Summary

Microsoft gaming chief Asha Sharma denied reports that Xbox is up for sale, saying the company will pursue restructuring and partnerships instead. Microsoft plans to lay off up to 3,200 Xbox employees and reshape the division into a more streamlined, wholly-owned subsidiary.

<figure> <img alt="Asha Sharma on a background of green Xbox logos." data-caption="Asha Sharma. | Image: The Verge, Microsoft" data-portal-copyright="Image: The Verge, Microsoft" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/02/268364_Inside_Microsofts_big_Xbox_leadership_shakeup_CVirginia.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> Asha Sharma. | Image: The Verge, Microsoft </figcaption> </figure> <p class="wp-block-paragraph">Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling off its Xbox business. <a href="https://www.theinformation.com/articles/microsoft-considered-spinning-xbox-plans-new-halo-fallout-games"><em>The Information</em></a> reported in June that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox entirely, and then <a href="https://www.theinformation.com/briefings/exclusive-xbox-cut-hundreds-jobs-consolidate-game-studios">reported</a> earlier this month that both execs have "more recently supported Sharma's plans to overhaul the unit."</p> <p class="wp-block-paragraph">"Xbox is not for sale," says Sharma in an <a href="https://www.nytimes.com/2026/09/30/arts/xbox-microsoft-asha-sharma.html">interview with <em>The New York Times</em></a>. "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."</p> <p class="wp-block-paragraph">It appears that Nadella and Hood have fav …</p> <p><a href="https://www.theverge.com/news/1002736/xbox-not-for-sale-asha-sharma-interview">Read the full story at The Verge.</a></p>
Original Article
View Cached Full Text

Cached at: 09/30/26, 04:57 PM

# ‘Xbox is not for sale’ says Microsoft’s gaming chief Source: [https://www.theverge.com/news/1002736/xbox-not-for-sale-asha-sharma-interview](https://www.theverge.com/news/1002736/xbox-not-for-sale-asha-sharma-interview) [![Tom Warren](https://platform.theverge.com/wp-content/uploads/sites/2/2025/01/Tom_BLURPLE.jpg?quality=90&strip=all&crop=0%2C0%2C100%2C100&w=96)](https://www.theverge.com/authors/tom-warren) Tom Warren is a senior correspondent and author of[*Notepad*](https://www.theverge.com/notepad-microsoft-newsletter), who has been covering all things Microsoft, PC, and tech for over 20 years\. Xbox CEO Asha Sharma has denied reports that Microsoft is considering selling off its Xbox business\.[*The Information*](https://www.theinformation.com/articles/microsoft-considered-spinning-xbox-plans-new-halo-fallout-games)reported in June that Microsoft CEO Satya Nadella and CFO Amy Hood had been considering spinning out Xbox entirely, and then[reported](https://www.theinformation.com/briefings/exclusive-xbox-cut-hundreds-jobs-consolidate-game-studios)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*](https://www.nytimes.com/2026/09/30/arts/xbox-microsoft-asha-sharma.html)\. “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](https://www.theverge.com/games/948142/microsoft-xbox-layoffs-reset-asha-sharma)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\. Nadella backed Sharma’s restructuring and layoffs in a recent appearance on the[Sources podcast](https://www.youtube.com/watch?v=giE1O1-e2DY)\. “There’s some amount of streamlining the team is doing, and Asha is doing, which is great to see,” said Nadella last week\. “And then we have to invent the right sustainable business model that allows us to deliver gaming to more and more people\.” The most recent restructuring has seen*Halo*move under Activision, as well as the developers behind*Sea of Thieves*and*Age of Empires*\. Alongside a major shake\-up of Xbox Game Studios, the recent changes look geared toward making Xbox a wholly owned subsidiary like Microsoft does with LinkedIn\. Microsoft is reducing management layers at Xbox, offloading smaller studios, and focusing on its larger Xbox franchises\. That could eventually end in an Xbox sale at some point in the future, but right now the plan seems to be about bringing growth back to Xbox\. “We’ve got a long way to go with Microsoft,” says Sharma, “and we’re going to take the long\-term view\.” But as Sharma[said in February](https://www.theverge.com/news/884081/new-xbox-ceo-the-plans-the-plan-until-its-not-the-plan), “The plan’s the plan until it’s not the plan\.” **Follow topics and authors**from this story to see more like this in your personalized homepage feed and to receive email updates\. - Tom Warren

Similar Articles

Xbox warns of a &#8216;reset&#8217; as it prepares for layoffs

The Verge

Microsoft's Xbox division is preparing for significant layoffs next month, with CEO Asha Sharma warning of an 'Xbox reset' over the next 100 days. The cuts come amid a hardware component crisis, declining revenue, and a need for new business models.

Microsoft is selling off four Xbox studios as part of significant gaming cuts

The Verge

Microsoft is laying off 4,800 employees, with over 30% in Xbox, and spinning off four game studios (Double Fine, Compulsion Games, Ninja Theory, Undead Labs) to operate independently as part of a significant restructuring. The company is also considering selling or closing Arkane Studios amid budget issues.

Microsoft hasn’t ruled out spinning off Xbox

The Verge

Microsoft is reportedly considering spinning off its Xbox division into a separate company or subsidiary as part of a broader restructuring, including layoffs and reevaluation of next-gen console plans.

Resetting Xbox

Hacker News Top

Microsoft announces a major restructuring of Xbox, including layoffs of approximately 3,200 employees and transitioning four studios to independent management, citing unhealthy business margins and the need to reset content and platform strategies.