Microsoft hasn’t ruled out spinning off Xbox
business
Microsoft might be ready to let Xbox go. According to reporting from The Information, the company is considering spinning off its Xbox division as a separate company—and has also started reevaluating its next-generation Project Helix console while preparing to lay off a significant portion of the division. The potential restructuring signals that Microsoft is taking a hard look at Xbox's place in its corporate future.
Source: https://www.theverge.com/games/949584/microsoft-spinning-off-xbox
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