What went wrong at Xbox? Everything, and it all comes back to one idea

Asha Sharma's layoff memo used one word that gives the game away: "hoping." Xbox spent roughly $80 billion over a decade chasing a single idea, that games could be Netflix and that big enough would eventually stand in for good enough. It couldn't, and it didn't. The 3,200 job cuts and five studios shown the door are this week's symptoms. The disease is eight years old.

What went wrong at Xbox? Everything, and it all comes back to one idea
Asha Sharma's layoff memo used one word that gives the game away: "hoping." Xbox spent roughly $80 billion over a decade chasing a single idea, that games could be Netflix and that big enough would eventually stand in for good enough. It couldn't, and it didn't. The 3,200 job cuts and five studios shown the door are this week's symptoms. The disease is eight years old.