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Xbox CEO Asha Sharma Named Advisor To U.S. Federal Reserve Task Force For Productivity And Jobs

Xbox CEO Asha Sharma has been appointed as an advisor to the U.S. Federal Reserve's Task Force for Productivity and Jobs amid controversy over company layoffs.

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📍 Where it landed

Xbox CEO Asha Sharma was appointed as an advisor and leader for the Federal Reserve's Productivity and Jobs Task Force. The appointment occurred while Sharma was facing criticism for mass layoffs and a foreign worker hiring spree.

Epilogue added 41d ago, after coverage quieted.

The reporting (10)

What happened

Asha Sharma, the CEO of Xbox, has joined the Federal Reserve's Task Force for Productivity and Jobs. This appointment comes as Sharma faces criticism following the layoff of 3,200 employees and a simultaneous hiring spree of foreign workers.

Coverage from Yahoo, Fox News, and The American Bazaar emphasizes the timing of the appointment relative to the mass layoffs. Meanwhile, AP News, Axios, and The Mercury News report that Sharma is among several "outsiders" leading new Fed task forces, alongside figures such as Andreessen and Chetty.

Future developments depend on the activities of the newly formed task forces as they evaluate operations.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 41d ago.

Questions people are asking

How many employees did Xbox lay off?

According to The American Bazaar, Xbox laid off 3,200 employees.

What is the specific name of the Fed group Sharma joined?

She was named an advisor to the U.S. Federal Reserve Task Force for Productivity and Jobs.

Who else is leading Fed task forces?

AP News and The Mercury News identify Andreessen and Chetty as other leaders of the Fed's new task forces.

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