💨 Abstract

Microsoft denied rumors of Phil Spencer's retirement despite widespread layoffs, including staff from Bethesda, Activision Blizzard, and The Initiative. Spencer affirmed Xbox's strength, claiming it has more players, games, and gaming hours than ever. The layoffs occurred following Microsoft's acquisition of Activision Blizzard. Despite skepticism from employees and fans. Xbox Game Studios' Matt Booty reassured that project in progress will move ahead.

Courtesy: Michael Beckwith