Xbox CEO Asha Sharma says Microsoft's gaming business is 'not for sale'

Xbox CEO Asha Sharma told the New York Times that Xbox is not for sale, denying reports that Microsoft could spin out or restructure its gaming division. Microsoft CEO Satya Nadella praised Sharma's streamlining of the Xbox business on the Sources Podcast and reiterated a focus on big games and new business models to return to growth. Microsoft's Xbox layoffs began this summer with 1,600 jobs affected and another 1,600 planned by the end of its business year, with the second wave about 75% complete this week.