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Strategy
XBOX Cuts; Bundling and Internet Solvency; Transactions, Coordination, and Sunk Costs
First Principle
Recognize when a strategy is failing and be prepared to pivot quickly, even if it means making tough decisions like layoffs. Prioritize flexibility and responsiveness over sunk costs to better align resources with future opportunities.
From the original
Microsoft's Xbox division is conducting big layoffs, as the company deals with abject failure of its Game Pass strategy.
Source
Read the full article at Stratechery