this post was submitted on 10 May 2024
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I hesitate to attribute it to accidental mismanagement. Surely Microsoft has enough experience by now to be pretty good at acquiring firms they think of as competition only to find some excuse to shut them down.
That could work if these firms were somehow competitors, but these aren't Sony-aligned studios they're buying, these are studios that were releasing games on Xbox.
This is definitely a case of, "what makes stock line go up? New games, Big names, More stuff!" Then later, "uh oh, did that and stock price not going up. Layoffs mean less cost, now stock line go up again!"