EventBusinessJuly 10, 2026
Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
Asha Sharma will advise the Federal Reserve on AI's impact on jobs and productivity. The appointment comes as Xbox undergoes its biggest restructuring, including 3,200 layoffs.
Featured · Asha Sharma
2 sources
Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffsdecrypt.co
Microsoft To Lay Off 4,800 Workers In Latest Wave Of AI-Led Job Cuts - Microsoft announced the cuts on Monday following a rough stretch, with its shares falling nearly 23 per cent in the first six months of 2026, their worst first-half performance since 2022ndtv.com