The first stage involves returning Xbox to growth over the course of the fiscal year. “When it comes to Xbox, we are making the necessary decisions required across our content portfolio, platform, and operations to reset the business for long-term growth. While Xbox and Windows saw revenues falling year-on-year, Nadella praised the Azure division for hitting a major milestone by generating over $100 billion in revenue. He also noted that Microsoft 365 Copilot has been seeing growth in its user base, having recently passed 30 million paid users. The beginning of the month was marked by around 1,600 jobs being cut across Xbox, with Sharma confirming that 1,600 more cuts are planned.