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Phil Spencer is stepping down from Xbox after 12 years, as Microsoft reshuffles its gaming leadership team.

Microsoft's Xbox division will be a different operation from next week, with Xbox head Phil Spencer announcing his retirement effective this coming Monday.

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Phil Spencer is retiring from Microsoft after 38 years, with Asha Sharma, currently President of Microsoft's CoreAI product, taking over as CEO of Microsoft ...

Phil Spencer retires as CEO of Microsoft Gaming, Sarah Bond resigns as Xbox president, and Asha Sharma leaves MS CoreAI to replace Spencer.

The 38-year veteran of Microsoft calls his time there an 'epic ride'

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Welcome back to yet another roundup of MMO and MMO-adjacent industry news! We've got quite a bit to cover today, so let's not waste too much time with a preamble and hop right into this list of headlines. Regime change at Microsoft Gaming and Xbox:

Booty says no studio re-org today.

Sarah Bond, who was widely expected to take the reins one day, has instead resigned from the company.