“We should make selections now for continued success in future years and a key a part of that technique is the self-discipline to prioritize the strongest alternatives,” Microsoft Gaming CEO Phil Spencer stated in a memo to staff. “We are going to shield what is prospering and focus effort on areas with the best potential, whereas delivering on the expectations the corporate has for our enterprise. This centered method means we are able to ship distinctive video games and experiences for gamers for generations to come back.”
A rumor was circulating that Spencer was planning to retire after Microsoft launched its subsequent technology of Xbox, however the firm tells The Verge that Spencer isn’t retiring because the chief of Xbox “anytime quickly.“
Right here’s all of our protection of the layoffs.