Microsoft has officially stated Phil Spencer will not retire soon, following rumors initiated by a tipster. Spencer has led Xbox since 2014 and is now the Microsoft Gaming CEO. Recent layoffs at Microsoft affected over 9,000 employees, hitting several first-party studios and resulting in the cancellation of major projects. Microsoft confirmed a reduction in workforce within the gaming division, which impacted studios such as King and Raven Software. Notable projects, including the Perfect Dark reboot, were also shelved amid these layoffs, leading to a restructuring within Xbox.
Rumours of Phil Spencer retiring emerged following a tipster’s claim that he would leave after the next-generation Xbox launch, with Sarah Bond taking over.
In a firm statement, Kari Perez, head of Xbox communications, asserted, "Phil is not retiring anytime soon," refuting the claims that had surfaced.
Phil Spencer, who joined Xbox in 2001, was appointed head of Xbox in 2014 and became Microsoft Gaming CEO in 2022.
Recent layoffs affected over 9,000 employees across Microsoft, significantly impacting the gaming division, including deadlines for several key projects.
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