Another video game crash can't come soon enough IMO.
These big publishers seem to think that gamers have an unlimited amount of money so they promise shareholders that profits will climb every year. Which obviously isn't possible as there are only a limited amount of players and money. This means that when profits don't go up they sack staff to save money. It's not even unbelievable that MS can sack staff and then Phil Spencer bangs on about how great they're doing as it's just the norm now. It's very believable that they did it.