Xbox CEO Targets Growth and Profitability by FY2027

Xbox CEO Asha Sharma has set a clear objective for the company to achieve player and revenue growth by the end of fiscal year 2027, and to bring profitability back in line with industry averages. This announcement comes after a period of substantial restructuring within the Xbox division, including widespread layoffs and the spin-off of four studios.

Sharma communicated these priorities to staff in a memo, emphasizing that "every function and studio will own part of that outcome." Since assuming leadership of Xbox in February, Sharma has initiated comprehensive changes designed to reverse recent trends and steer the company towards renewed success.

The strategic shift follows a period where Xbox faced challenges, including issues related to accountability margins and rising component costs, as previously noted by Sharma. The memo signals a push towards increased accountability across all departments and studios to meet the ambitious targets.

The company's focus now shifts to execution of these newly defined priorities, with leadership holding all segments responsible for contributing to the stated goals of enhanced player engagement, revenue expansion, and improved financial performance within the next three fiscal years.