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Microsoft's Asha Sharma denies Xbox is being sold off

Xbox CEO Asha Sharma told the New York Times that Microsoft is not selling Xbox, pushing back on earlier reports that CEO Satya Nadella and CFO Amy Hood had weighed spinning off the gaming unit. Instead, Sharma says leadership backs her restructuring plan, which includes cutting up to 3,200 jobs by mid-2027, moving Halo and other studios under Activision, and streamlining Xbox Game Studios.