Tech article
Xbox CEO says company 'won't survive' without new IP despite axing key studios - Polygon.com
Publisher description: Xbox CEO Asha Sharma said in a town hall that the division needs to focus on new IP after divesting from many of its studios that made new IP.
NewsAPI | Oct 13, 2026 | Elijah Gonzalez
Automated excerpt
As Xbox continues its major “reset,” which has led to at least 1,600 job cuts and divestment from several studios, Xbox CEO Asha Sharma recently said in internal company communications that the division will “not survive” without new IP. Asha Sharma and Matt Booty talk to the Xbox staff. Photo: Xbox “I would also like to see us continue to create enduring new IP. What new IP did Microsoft’s studios make before getting cut?
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