Asha Sharma Says Xbox Has Recovered From an All-Time Low After 3,200 Job Cuts

Xbox CEO Asha Sharma told staff that the division has begun to recover from what she described as an “all-time low,” according to Windows Central.

Sharma said the previous Game Pass strategy had sent Xbox’s balance sheet into “freefall.” She said the situation has since stabilized and that first-party revenue has returned to growth.

Her remarks come months after Xbox cut 3,200 jobs and shed several studios, according to the Wccftech report. The available report does not identify the studios or give further details about the revenue growth.