Microsoft has not ruled out spinning off its Xbox division into a separate company. The Information reported that options under consideration include turning Xbox into a wholly owned subsidiary, forming a joint venture with outside partners, or selling the business outright. No decision is imminent, but new Xbox CEO Asha Sharma and Microsoft CEO Satya […] This story continues at The Next Web
AI summary Microsoft is reportedly considering restructuring its Xbox division, which could include spinning it off into a separate company, making it a wholly-owned subsidiary, or selling it entirely. The company is also preparing significant layoffs within the division and reevaluating its next-generation console plans, known as Project Helix. According to a report from The Information citing multiple sources, no decision is imminent, and the division is experiencing low margins and high hardware costs.
