In a recent interview, Xbox President Sarah Bond commented on the company's decision to close four studios owned by Bethesda. She pointed out that although this decision is sad, it is to ensure the long-term health of the Xbox business.
Bond mentioned that despite the sluggish growth of the gaming industry last year, Xbox remains committed to keeping its games, devices, and services sustainable. She stressed that the closure of the studio was based on a number of considerations to ensure the stability of Xbox's future.
In particular, the closure of Tango Gameworks has attracted a lot of attention, as the studio has released the critically acclaimed and award-winning Perfect Soundwave. Bond explained that each studio and gaming team has its own unique circumstances and success criteria, so Xbox considers a variety of factors when making these kinds of decisions.