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PC Gamer

Tyler Wilde

Phil Spencer retirement rumor is made up, says Microsoft

Phil Spencer Microsoft Xbox Insider Gaming

Phil Spencer, chief executive officer of gaming at Microsoft Corp., arrives to court in San Francisco, California, US, on Wednesday, June 28, 2023. Microsoft and Activision Blizzard CEOs are expected to testify to persuade a federal judge in California to reject the Federal Trade Commission's effort to block their $69 billion deal. Photographer: Philip Pacheco/Bloomberg via Getty Images.

Microsoft Gaming CEO Phil Spencer has probably not penned his last email thanking employees for their hard work while pointing them to the door.

After Microsoft laid off around 9,000 employees today, including a number from Spencer's gaming division, a rumor began circulating that the Xbox head will step down after the next generation Xbox console comes out, but Microsoft says it's not true.

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