Microsoft CEO responds to Xbox layoffs.

Microsoft CEO Satya Nadella, commenting on the layoffs currently being carried out at Xbox, said he was "glad to see it." When asked how he views Xbox's current situation and where it is headed, Nadella said: I feel very good. The team is carrying out a certain degree of streamlining work, and Asha is also pushing related matters forward, and it is good to see that. Next, we still need to figure out how to build a reasonable and sustainable business model so that we can bring games to more and more users. This has always been our goal: whether on PC or the Xbox console platform, we want to be both an excellent game publisher and an excellent platform service provider. For the thousands of employees who have already lost their jobs this year, Nadella's remarks may sound a bit callous. Sharma has defended this restructuring, pointing out that Xbox's profit margin lags behind comparable platform and game publishing businesses by a factor of 3 to 10. Chief Content Officer Matt Booty revealed that the company has now completed about three-quarters of its announced layoff plan, suggesting that more adjustments will clearly land before the end of the fiscal year.