No matter who's in charge, Xbox has a habit of creating a problem and then using that strife as an excuse to behave badly. The July layoffs and studio sales represent the inevitable, obvious and only conclusion to Microsoft's exorbitant six-year spending spree, and plenty of people saw it coming.
Xbox's devastating July was inevitable - Engadget
"It is neither possible nor desirable to own every great independent studio."
engadget.com