M icrosoft says that Phil Spencer, Microsoft Gaming CEO and the head of Xbox, isn’t retiring “anytime soon.” The company has responded to rumors of Spencer’s retirement, which have spread online today following Microsoft’s major layoffs.

After another big wave of layoffs hit Xbox, there are now rumors swirling over how much longer Phil Spencer will be in charge.

Xbox head Phil Spencer is not planning to retire “anytime soon”. In response to retirement rumours that emerged amid the latest Xbox