If Microsoft sold off Xbox, who would even buy it?
Following significant layoffs and studio closures, speculation has emerged regarding whether Microsoft might divest its struggling Xbox division. Industry experts suggest that while a sale is possible, the scale and complexity of the business make finding a suitable buyer difficult.
This week, Microsoft took a huge ax to its Xbox business. The company announced that it would be laying off 1,600 workers now, 1,600 more over the next fiscal year, and that it would be shedding four studios. Xbox CEO Asha Sharma hasn’t been shy about why she’s making such dramatic cuts, saying in a memo that the business is “not healthy.” Speaking to Fortune, she said that “we simply spread ourselves too thin.”
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