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Xbox's ongoing "reset" brings another wave of devastating layoffs and major studio reshuffles, including Halo moving to Activision Blizzard and other beloved teams merging or facing closure. The gaming community reacts with frustration and disbelief, questioning Xbox's strategy amidst high-profile project announcements.
Xbox Chief Phil Spencer Retires; Asha Sharma Named New Gaming CEO Redmond, WA – February 20, 2026 – Microsoft's gaming division is undergoing a significant leadership transition as Phil Spencer, the long-serving head of
