Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs

Neutral+38.36%
10 Jul, 18:02
Source: Decrypt

AI Summary

Xbox CEO Asha Sharma joins Federal Reserve AI jobs task force while Microsoft announces 3,200 layoffs in Xbox's largest restructuring, presenting mixed signals of industry influence alongside cost-cutting measures.

Asha Sharma will advise the Federal Reserve on AI’s impact on jobs and productivity as Xbox undergoes the biggest restructuring in its history.