Microsoft has dispelled rumors of Xbox Chief Phil Spencer Retiring in the Wake of Widespread Layoffs at the company. Spendcer, who has lad xbox since 2014 and now services as microsoft gaming ceo, will not be retired “Anytime Son”, The Company said in a statement after the latest round of Layoffs Afected Fox Studios and Saw Multiple Projects canceled.
Xbox Boss Phil Spencer Not Retiring
Rumors of the Xbox Chief Retiring Surfaced Following A Tipster’s Claim on Wednsday. Call of Duty Channel @TheGhostofhope said on x that spencer would be retired as Microsoft Gaming Ceo after the launch of the next-generation xbox, with xbox president Sarah Bond Taking Over.
In a statement shared with the verge, microsoft rejected the claim outright. “Phil is not retired Anytime Soon,” Kari Perez, Head of Xbox Communications, Told the publication. Microsoft Communications Chief, Frank Shaw, Denied The Rumor on X, As Well, Calling The Claims A Fabrication.
Spencer, an industry icon who has been the face of xbox for over a decade, joined the xbox unit in 2001 after Several Roles at Microsoft. He was appointed as the head of xbox, xbox live, xbox music, xbox video and microsoft studios in 2014 and promoted to microsoft gaming ceo in 2022.
Microsoft and Xbox Layoffs
The question of spencer’s retirement came up after Microsoft Announced Wednsday it was laying off four percent of its workforce – Over 9,000 Employees. The latest round of retrenchment hit the company’s gaming division hard, with layoffs reported at Several first-Party Study, Including King, Raven Software, Raven Software, SLEDGEMMER GAMES, RARE, RARE, RAROS Turn10 Studios and Zenimax Online Studios.
The Xbox Parent also canceled the perfect dark reboot and shut down its development, the initiative. Other Cancelled Projects Include Rare’s Action-Adventure Title Everwild and Zenimax Online’s Unannounced Mmo. Xbox will also also wind down several unannounced projects across its portfolio.
Confirming the layoffs at the Gaming Division, Spence, In a Memo to Employees, Said the decision would ensure xbox’s continued success in the future.
“I recognize that these changes come at a time when we have more players, games, and gaming hours than ever before. Internal Memo. “The success we’re seeing currently is based on decisions we’ve made previous. to prioritize the strongest options. “
