Phil Spencer Addresses Xbox Studio Closures, Emphasizes Need for Sustainability

The Microsoft Gaming CEO discusses the difficult decisions behind shutting down Tango Gameworks and other studios, stressing the importance of running a sustainable business.

Spencer explains the closures were necessary for long-term growth and sustainability.
He acknowledges the emotional and professional impact on affected employees.
The closures followed significant investments in acquisitions like ZeniMax and Activision Blizzard.
Spencer insists on focusing on the well-being of laid-off staff through severance and support.
Future Xbox projects and showcases aim to reflect these strategic decisions.