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Microsoft’s Xbox Is Planning More Cuts After Studio Closings - Bloomberg
(www.bloomberg.com)
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That was my take too. "We're spread too thin".... Then why the fuck did you buy up all these companies? Sure sounds like they just gobbled up all the good IP to hoard like a dragon on its pile of gold. Or to make sure those IPs don't make it to Sony exclusives, wish the FTC would hang them by the balls since they've basically done opposite of what they promised during the mergers.
Because CEOs are fucking idiots. So many companies do this shit, it's not just the gaming side. A company starts to grow and instead of keeping with an organic growth they buy companies over and over.