<ul data-eligibleForWebStory="false"><li>Microsoft confirms that Phil Spencer, head of Xbox, is not retiring 'anytime soon' despite recent rumors online.</li><li>The denial comes after speculation that Spencer would retire after the launch of the next generation Xbox, with Xbox president Sarah Bond possibly taking over.</li><li>While the company's statement doesn't fully address the rumors, it is clear that Spencer's retirement is not imminent.</li><li>Under Spencer's leadership, Xbox has seen significant initiatives like the launch of Xbox Series X / S, expansion of Xbox Game Pass, and acquisitions of major companies. However, Microsoft is undergoing substantial layoffs affecting Xbox studios and employees.</li></ul>

Phil Spencer isn’t retiring as the chief of Xbox ‘anytime soon’

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