Tuesday, 16 June, 2026
Game Over: Xbox Shuts Beloved Studios and Loses Top Execs in Radical $20B Pivot
By TechShots Studio
Ahead of new CEO Asha Sharma’s "reset" plan, Xbox is aggressively downsizing after bleeding half a billion in annual revenue despite a $20 billion expansion. Microsoft is shuttering or selling high-profile studios Ninja Theory, Double Fine, and Compulsion Games. This massive consolidation is accompanied by a leadership exodus, including the departures of Xbox Game Studios head Craig Duncan and chief of staff Louise O'Connor.
Read full story at TIMES OF INDIA