Xbox CEO Joins Federal Reserve Task Force on AI and Economic Policy
Originally published Jul 10, 2026
By Eddie Makuch · GameSpot
AI-generated summary based on GameSpot · Aggregated by GamingCurve · Human-reviewed and approved on Jul 10, 2026
Key points
- Xbox CEO Asha Sharma has joined the Federal Reserve's Productivity and Jobs task force to address AI's economic impact.
- Sharma's recent decisions at Xbox, including layoffs and price hikes, have drawn negative reactions from employees and fans.
- The task force will operate independently and aim to provide rigorous findings to inform monetary policy.
- Microsoft's Xbox division is undergoing major restructuring, with 1,600 layoffs and the cancellation of several projects.
The Federal Reserve has formed new task forces to address economic challenges, including AI's impact on jobs and prices. Xbox CEO Asha Sharma has been appointed to a task force focused on productivity and employment. Sharma, who recently oversaw significant layoffs and price increases at Xbox, brings an AI background from Microsoft to the role. The task force aims to provide evidence-based insights to guide monetary policy decisions. Other task forces will focus on improving communication, economic data quality, and inflation tracking. Sharma's leadership at Xbox has faced criticism due to recent restructuring efforts, including the cancellation of several projects and the layoff of 1,600 employees.
Read the original story: GameSpot — by Eddie Makuch