Phil Spencer

Former chief executive, Microsoft Gaming

Appears in 1 story

Born: January 12, 1968, Ridgefield

Education: University of Washington

Last updated Nov 2, 2026

Stories

Microsoft cuts Xbox jobs and sells off game studios to fund AI

Money Moves

As of July 2026: Retired February 2026

Microsoft cut about 4,800 jobs on Monday, most of them in its Xbox gaming division. It also let go of four studios it had spent years buying: Compulsion Games, Double Fine, Ninja Theory, and Undead Labs.

Updated Jul 7