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Xbox is making big changes at the very top of the corporate ladder. IGN reported the bombshell news on Friday afternoon that Microsoft Gaming CEO Phil Spencer is retiring, effective on Monday, Feb. 23. On top of that, Xbox president Sarah Bond, who recently confirmed some important details about the next Xbox console in an interview with Mashable, has also resigned from the company. Spencer had been a top dog at Xbox since the mid-2010s, overseeing the brand's shift into a subscription-based business with Game Pass. Bond, meanwhile, was widely seen as Spencer's heir apparent at the company, frequently serving as a public face for Xbox in recent years. SEE ALSO: Epstein Files release: Microsoft permanently banned Jeffrey Epstein from Xbox Live Spencer's replacement at the top of the Xbox division will be Asha Sharma, who currently leads Microsoft's CoreAI product and appears to have little experience in the gaming business. Sharma was previously an executive a...

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