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New Xbox CEO Admits Game Pass Bet Has Not Worked Out

Xbox CEO Asha Sharma has outlined her plan to "reset" the Xbox business, and it includes mass layoffs and selling off studios. In her memo announcing the dramatic shakeup, Sharma also talked about what led to this moment, and one piece is that the Xbox business is "not healthy" due in part to big bets that have not paid off, like Xbox Game Pass. Xbox is undergoing a strategic "reset." She said Microsoft bet on things like Xbox Game Pass, releasing more titles on competing platforms, and a "broad

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