Bloomberg: Xbox is operating under a "challenging set of revenue and profit goals", following Activision acquisition

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In her role leading Xbox's hardware development and relationships with publishers, Bond splits herself between shoring up its traditional gaming business and reaching into untapped areas. She's hinted at new Xbox hardware—Spencer has repeatedly professed his interest in a potential handheld device—while the company has also begun to release Xbox's exclusive games on competing consoles and promoting Netflix-esque subscriptions that don't need a console at all.

In theory, buying Activision, with its popular titles across Xbox, PlayStation, PCs and phones, helps Microsoft on all these fronts. But if Bond is going to pull off this transformation, she's going to have to navigate her division through some pain first. Microsoft has already cut more than 2,650 games jobs this year, with a quarter of the cuts announced in mid-September. These are part of industrywide job losses totaling 11,500. Its gaming unit is operating under a challenging set of revenue and profit goals, according to people familiar with Xbox's business, who declined to be named while discussing private financial matters.
It's part of a larger article delving into Sarah Bond's role, career and both present and upcoming challenges as Xbox' president

Then the Microsoft team heard that the CMA had rejected the deal. In its explanation, the agency wrote that it was worried the company would leverage Activision assets such as Call of Duty to dominate the nascent cloud gaming market. It went on to say it wasn't satisfied with Microsoft's plans to ensure that Activision's games would remain widely available on competing gaming platforms. Several staffers broke down in tears.
"At first, Bond's and Spencer's personal styles clashed, and the two sought out Microsoft human resources chief Kathleen Hogan for coaching.........She says she found that Spencer's communication style sometimes left her unsure of what he actually wanted from her. At one point, she stuck a Post-It note to her computer with some advice about interacting with him. "I'm not being paid to do what he says," it read. "I'm being paid to do what he meant."
Source: https://www.bloomberg.com/news/feat...ft-s-next-game-console?srnd=homepage-americas
 
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