Microsoft boss Nadella says Xbox has to invent "sustainable business model"
The CEO of Microsoft, Satya Nadella, has said that the company's Xbox division needs to "invent" the correct "sustainable business model" to allow it to reach more and more people with its games. Read more
Microsoft's CEO, Satya Nadella, has expressed that the company's Xbox division must develop a sustainable business model in order to reach a wider audience with its games. During an interview on the Sources Podcast, Nadella discussed the significant changes implemented by new Xbox chief Asha Sharma, which have led to job losses and the closure of some studios.
Nadella expressed satisfaction with the streamlining process, stating that he is confident in Xbox's ability to return to growth in the next fiscal year (2027/28). Nadella emphasized that the goal is to be both a great publisher and platform provider for games across PCs and Xbox consoles, and that Asha Sharma and her team will strive to achieve this.
In July, Xbox announced a massive layoff of 3,200 staff and the divestment of five studios. Additionally, two content agreements for Ninja Theory fell through, leading to a planned closure consultation for employees.
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