Xbox CEO Asha Sharma has been named co-lead of the US Federal Reserve's newly formed Productivity and Jobs task force. The appointment comes just days after Sharma oversaw a restructuring within Xbox that resulted in roughly 3,200 job losses. The role places Sharma in a national economic advisory position, focused on examining ways to improve labor productivity and employment conditions across US industries. The news arrives as the games industry continues to experience a sustained wave of workforce reductions, with thousands of jobs cut across multiple companies in recent years. Having an executive tied directly to those layoffs now advising on national employment policy adds an unexpected twist to that ongoing story.
BUSINESS ▸ XBOX
SYNTHESIS 1 MIN READXbox CEO Asha Sharma Joins Federal Task Force on Jobs Days After Leading Major Layoffs
SOURCES