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

> **Newsylist Open Intelligence Dossier** · First detected: 2026-07-10 00:29 UTC · Category: Business · Sources: 10 · Current Velocity: 7.91

## Executive Summary
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.

## Intelligence Brief
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.

## Verified Facts & Key Claims
### 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.

## Key People, Organizations & Locations
CEO, Xbox CEO Asha Sharma, Xbox CEO Asha Sharma Named Advisor To U.S Federal Reserve Task Force For Productivity And Jobs, Outsiders, Andreessen Chetty, Xbox CEO Joins Federal Reserve Jobs Task Force After Mass Layoffs, Xbox CEO Joins Federal Reserve's Productivity And Jobs Task Force Amid Tumultuous Time

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Yahoo | CEO under fire for mass layoffs amid foreign worker hiring spree now appointed to Fed's task force on jobs | 2026-07-10 15:01 | [Source Link](https://news.google.com/rss/articles/CBMikAFBVV95cUxNVTlleUk0b3owOEl2RG1RNlhuVkNDY2p1aHU5RjBnXzB1bDJuN2pOT2tlNXFyVGpQUUY0LXU5T01qNDhoUi0yQzNiUmFCemJObmRMTGxtZ0FxbF9hV1NBMXBNRkpnck85QWNlc1YxNmtkdk12WVVwdF9USFFMM0VMa0R5emJGYTRPY29MMjRSQlU?oc=5) |
| GameSpot | Xbox CEO Joins Federal Reserve's Productivity And Jobs Task Force Amid Tumultuous Time | 2026-07-10 13:32 | [Source Link](https://news.google.com/rss/articles/CBMi7AFBVV95cUxNb3B2M0hsbDBoamlKR0laSEx2NHVTN2pqdkE5OVR6ekhPMUxBWlhXSVdCUnYtdmFLRGZYVXM1cTB3ekNRNDBaYTlxV01KNl8yMF8yWURIZWhkaGxreUVxZ2dOSzFOY1FoTU5sR0t1cWdOZkZ6YTJzeFFIelQxR3oybFVVRWRmQlJkVGlFc0Jua0Q0RG83RTh4bmVNMzgwQnRSY3g1WURPU3BGRDdUbGMtakVSc0pzcW0zdzE0OGw1U0JUWVp6V3RfM1Vud21VUU85YkRKOHBLX2tOaTFmVWxiN1lReWlRZ2gwR3FGWA?oc=5) |
| The American Bazaar | Xbox CEO Asha Sharma to lead US jobs task force after laying off 3,200 employees | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMioAFBVV95cUxOOFN6d1ZYMlVvWGtiT2k4aEZKWUN3NGdMbGxVQ2tSOUxpX3R6S1JxbXJQaWVtOVd6b2lCdW95Z0hBVU5idmlueEx3T29CRUZHN2hSdk1CSTI4Vm5UN3ZXYjJ6QmlJeDNWRkFjRHlMbE9qeTBGQzljRWp4ZUwtaU5Cem11N2pjdHp5b1liY041akZkNkg0TG1LTjdtUFBVUGg5?oc=5) |
| Yahoo Finance | Outsiders with major chops lead Fed task forces | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMimwFBVV95cUxPVFEzYjY2ckxUWHF1a0ladjJKRmM3dDVzaTVTV2dXTmREeXBrRmxLSDlJT0I2MVhBRzloNmo0OXpsblE4VUtqdW50STMzdk1ocGpteVdDeWx6cUFNa1diOHdLb3FMVFpYTE9lRkJfVjR6N3ZNQ0NoSHVDbjBkT0ptQ2dmdkhnRWRFcHRjVHdiSkllb2RqcVR5cjVBYw?oc=5) |
| Outlook Respawn | Xbox CEO Joins Federal Reserve Jobs Task Force After Mass Layoffs | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQQlJnUDU5ZzdMVkNyYzB5M19KbVgtN0pLdXhRSzFYbnpSN3d5ZDhwWjl6Y0t3STcwRnE3V0pwVi1ZSWhvN3RhRkNlLTZZLUhzLXctNUhYb1JqRmgxTjFGYjhZdEcySHhDRzlycENOcl9OaEc3UUxnSm9hcEFEamlmU1FJYmhueWxzXzBWd01iMmh4ampQSngtM0d3SDdmdWNIWmtPVi1JZ0RHbGJhdllrR2xzaUZvSnRa0gHGAUFVX3lxTE00dG9SVEYwS3owdlA2T1RNakUtYkc0eDFUOXhEaml4dWF1NDJpLTRwYTN5c0EzN3otQU1uVk1ZZDFQUjhGNkY4QVN3Um45cTdNdmt4WHI0QTZXSnRlSTVwYWN3M1VzYVZZXzY2X0lidFlYbXU0TEE2amxTaWMwX2twelkxSXJITUQwZnhHeXlmREZ3N1k1V0REc0Z) |
| The Mercury News | Andreessen, Chetty among leaders of Fed’s new task forces evaluating operations | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQSFp4Y0hDSkpZUUxuSXVoUUNkczEydzlqcEw2RWNYWndNYUFUbTV5ajdNc1RtYmttSl9Gb2lQeUY0RmxqeXRKdjdZWVdXS29TaDc2UGRzSmNLNFJ3THdPcGktblNWajNmWVF3QnpkMC1tdVFZQWpDZXk1cmdSM2hGSmR6bk5PRkF1VWFSUV9WSXRxOVNiR1QzZXRXN2Flc0FEWVBwcmlGV05paC03WEFnUmJuNUZtd1A50gG-AUFVX3lxTE81eWdacmxVT3dTSlFaaDlGaFB0dHl6QWVSb0ZVMnhHSllBdVRMN18tVllzYVhMZlB0VkhTMVoyV2dmVGRjSEdTSU96eU1MS0MtQzh4UUpNMFhOMVpPZTdLZDBZMUVJWG9wc3EyRzFGeWZBWHBrWFpuS3lCQzFrcFdNeVQtbms3emh3Mzhsa1lvS3c3QmVrNWZ3TEx) |
| Fox News | CEO under fire for mass layoffs amid foreign worker hiring spree now appointed to Fed's task force on jobs | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMiugFBVV95cUxQZlZFMW1jdXN0VXdWaFVpdTdzd3BuTHZ3aTNteGI1RGYzNEJSWXRZcm12aXR1elZ5c2JoS3k0SGxaX09Ea0tvZWxOZzlCeWxpZkcyaDRRNVRmckE2T2pZX3dVMjBmd0VMVlZmdEdmXzFNLXRHWlJfNm16MndzV2kyeWFHOGFxbXhyREpwOHpBUklva3dQZXVLZUd1MnBTbnpTSTd6NWJEOHRDV0o4WFJwQ1gzbWlyQl84aXfSAb8BQVVfeXFMT1NVTktVcXZYbmduTmxfMUo4bE1Zb2c2MjFJLU5vSFM1blRDdVlfaURnSW5kUm5NSE5UcW1FSmgxZHEybjdjaGVjeEl0MTVyY1lhTnlzcklhR1lfcTRnNV93SDFtUjBGVmdiclVLcTdlazAwOEhGSkFJRHZ5WFd3alBOY0lKbk9pYU0xdnNjNmxJMVR5b012UUw) |
| Axios | Outsiders with major chops lead Fed task forces | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMiY0FVX3lxTE1KbW1JOVJjZ2JjaWhjOTRTMXFKb2RTWVB2eTlwRkUzR21HNDJybGtFQ1NFdGZDenp2bHdNa3BGbUhBM3JGUHp3WlMwWEtZQ0docGswUlcweUVQbV92SE9KcnhXSQ?oc=5) |
| AP News | Andreessen, Chetty among leaders of Fed’s new task forces evaluating operations | 2026-07-10 08:43 | [Source Link](https://news.google.com/rss/articles/CBMipwFBVV95cUxQU202bjBERm51VW0xQ2RrQXdyZFV4VzFSdnBBTEllbnAwQlpjdFZtaTRncHJpaWhFdGVVTWtHWFpmQzVQWDItdGpvSGJ3TGxFdV9nWVVfUzliREZHaUFBY1pNS3pfWm1kelJTRE53blh6NUZtV0p0Nmh1STFQVFVER3piX3NCU3lLTXN1UldCNTFBS3BtOEpFYU1XSVRtVGVGb2UtQTJqNA?oc=5) |
| Game Informer | Xbox CEO Asha Sharma Named Advisor To U.S. Federal Reserve Task Force For Productivity And Jobs | 2026-07-09 22:07 | [Source Link](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPOFV4X3d5VmQ0WHhPcFhNdnhuOWhXNUxMRlJTQWQ4TjRRdjI4Uks3NEJxanNSMEdNX09GSzlyY1BzcllfbHQtaEo5YjJ3cjNFZzBJazBTNVVoUmpRWUFQdlV5MFlDTlpqZEZ3VTI4RklWX25YbXhLRk00ajBudTNLU3NEUWVubl9SNlhnZmNUcmNxc09maXNsVndaWjZha2U5VFlkTmdwVXg3emNnZXd6UVRVdENLejYyeHRRSThDeW9vQQ?oc=5) |

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