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Microsoft CEO says ‘YouTube monetizes Xbox better than we do’, ahead of expected layoffs
Microsoft CEO, Satya Nadella, has bemoaned the performance of its Xbox division, claiming that YouTube makes more money from the gaming arm than it does. Nadella made the comments during a live event in San Francisco with Hard Fork, The New York Times’s tech podcast, ahead of expected significant layoffs across Xbox. Last week, Xbox boss Asha Sharma sent a surprisingly candid note to staff, in which she shared “realities that we need to navigate”, claiming that Xbox’s annual revenue had declined nearly half a billion in five years, with hardware costs up 4x, and its studio system “overextended”. Read More...
Microsoft CEO, Satya Nadella, has bemoaned the performance of its Xbox division, claiming that YouTube makes more money from the gaming arm than it does.Nadella made the comments during a live event in San Francisco with Hard Fork, The New York Times’s tech podcast, ahead of expected significant layoffs across Xbox.
Last week, Xbox boss Asha Sharma sent a surprisingly candid note to staff, in which she shared “realities that we need to navigate”, claiming that Xbox’s annual revenue had declined nearly half a billion in five years, with hardware costs up 4x, and its studio system “overextended”.
Read More...
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