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.

Amid mass layoffs at Microsoft, the company has insisted that Gaming CEOPhil Spencer won't be retiring "anytime soon".

The head of Xbox communications has commented on the recent rumors that Microsoft Gaming CEO Phil Spencer is retiring after the next Xbox launches.