Multiple reports say Microsoft is considering major changes to its Xbox business, including the possibility of spinning it off into a separate entity. The Information, cited by several outlets, reports that Microsoft has not ruled out turning Xbox into its own company or restructuring it substantially. Options discussed include making Xbox a wholly owned subsidiary, creating a joint venture with outside partners, or potentially selling the business outright. Separately, reporting also indicates Microsoft is preparing for layoffs affecting a significant portion of the Xbox division, and is reevaluating its approach to next-generation hardware efforts, including Project Helix. Other related claims include plans to “move faster” on releasing first-party games. While the outlets describe a range of potential structural paths, they also note that no decision is imminent. The discussions are linked to leadership changes within Xbox and broader corporate plans, including guidance that Microsoft is weighing how to improve performance and margins within the division.