Xbox chief Phil Spencer explains recent studio closures as a sustainable business measure, assuring support for affected teams and investment in Xbox's future.

Xbox chief Phil Spencer explained the recent closure of studios, including Arkane Austin and Tango Gameworks, as necessary for running a sustainable business. He addressed concerns during IGN Live, expressing his commitment to supporting affected teams and individuals. Despite layoffs affecting 1,900 staff, Spencer remains focused on investing in Xbox and its future projects.

June 10, 2024
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