As Sharma outlines Xbox's future with Helix.

Image credit: Adobe Stock / HTGanzo

Xbox is reportedly gearing up for three more rounds of layoffs as the Microsoft gaming division continues CEO Asha Sharma's plan to reset the business . According to a new report, the first of these is taking place this month, followed by another in November and one in January 2027.

That's according to "people familiar with the plans", who revealed that to Fortune Magazine in a new report which also featured a profile of Sharma. Plans could change, however, the people said.

If true, this would be the second round in as many months, following September's round which saw the elimination of 268 roles alongside organisational changes that moved Obsidian under Bethesda, with Rare and World's Edge joining Activision.

Those layoffs are part of what's considered the second major wave in Xbox's larger plan to cut costs and return the division to profitability. The first wave was the largest by far.…