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Phil Spencer isnt retiring as the chief of Xbox anytime soon

Microsoft says that Phil Spencer, Microsoft Gaming CEO and the head of Xbox, isnt retiring anytime soon. The company has responded to rumors of Spencers retirement, which have spread online today following Microsofts major layoffs.

Phil is not retiring anytime soon, says Kari Perez, head of Xbox communications, in a statement to The Verge. The denial comes after Call of Duty leaker GhostOfHope claimed Phil Spencer will be retiring from his role as CEO of Microsoft Gaming after the launch of the next generation Xbox and that Xbox president Sarah Bond would be taking over as CEO of Microsoft Gaming.

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