Xbox CEO Asha Sharma was appointed co-lead of the Federal Reserve's Productivity and Jobs task force on July 9, 2026, tasked with evaluating AI's impact on labor markets and monetary policy, just two …
Xbox CEO Asha Sharma has joined a Federal Reserve task force studying AI's impact on jobs and productivity, days after announcing 3,200 layoffs at Xbox. The task force, which includes Marc Andreessen …
The US Federal Reserve appointed Marc Andreessen, co-founder of Andreessen Horowitz, to co-lead a task force examining how artificial intelligence reshapes productivity, jobs, and monetary policy. The…
The Federal Reserve announced five task forces to evaluate its operations, co-led by venture capitalist Marc Andreessen, economist Raj Chetty, and former Bank of England governor Mervyn King. One task…
Microsoft laid off 4,800 employees, including 1,600 from Xbox, while receiving approval for 2,273 H-1B visas, sparking backlash over corporate priorities. The cuts are part of a broader shift toward A…
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead its Productivity and Jobs task force, which will assess the economic impact of new general-purpose technologies including AI. The a…
The Federal Reserve appointed venture capitalist Marc Andreessen to co-lead a Productivity and Jobs task force examining AI's impact on employment and growth, part of a broader monetary policy review …
Xbox CEO Asha Sharma has joined the US Federal Reserve as an adviser on artificial intelligence for its 'productivity and jobs' taskforce, bringing gaming industry expertise to central bank discussion…
The Federal Reserve on July 9 named venture capitalist Marc Andreessen, economist Charles I. Jones, and Xbox CEO Asha Sharma as co-leaders of a task force to assess the economic impact of artificial i…
The US Federal Reserve appointed Xbox CEO Asha Sharma to a task force assessing AI's economic impact on jobs, days after she announced 3,200 layoffs at Microsoft's gaming division. Critics question th…
The Federal Reserve has enlisted venture capitalist Marc Andreessen to co-lead a new task force evaluating how artificial intelligence reshapes productivity, jobs, and monetary policy. Fed Chair Kevin…
Federal Reserve Chairman Kevin Warsh appointed venture capitalist Marc Andreessen to a task force that will help the Fed measure AI's impact on productivity and jobs, giving Silicon Valley direct infl…
The Federal Reserve has appointed Marc Andreessen, co-founder of Andreessen Horowitz, to co-lead a new task force examining how artificial intelligence affects productivity and jobs. The task force, p…
Microsoft laid off 4,800 employees, including 37-year veteran engineer Kevin LaChapelle who led Xbox Backward Compatibility, as part of a restructuring of its gaming division. The cuts come amid a $2.…
Microsoft laid off 4,800 staffers, including 1,600 from its Xbox division, with Xbox VP Kevin LaChapelle among those let go after 37 years at the company. Xbox CEO Asha Sharma cited slower-than-expect…
Microsoft announced it will cut 4,800 jobs globally, including a 20% reduction at its Xbox division, as the company shifts investment toward artificial intelligence. Xbox CEO Asha Sharma cited declini…
Microsoft is cutting 4,800 jobs, with Xbox facing the largest share of reductions, as the company invests heavily in artificial intelligence and restructures its gaming division. The layoffs affect ab…
Xbox CEO Asha Sharma announced layoffs affecting 20% of staff, roughly 3,200 employees, as part of a broader Microsoft workforce reduction impacting about 2% of its 228,000 workers. Sharma cited overe…
Microsoft announced 4,800 job cuts globally, including 1,600 immediate layoffs at Xbox, as part of a restructuring to focus on artificial intelligence. The Xbox division is undergoing its largest over…
Microsoft is cutting 3,200 Xbox jobs and spinning off five gaming studios after a $69 billion Activision Blizzard acquisition and $20 billion in expansion failed to generate growth, Xbox CEO Asha Shar…