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Kynes said:
It's easy, you layoff the studios/developers that make you lose money, and purchase companies that you believe will make you earn money. If the studios laid off were more productive, I'm sure they would still have a job. No company lives of the air, they need to earn money to exist.

They can buy a company whenever but to do it when you lay off people is just insulting to them. 



Xbox Series, PS5 and Switch (+ Many Retro Consoles)

'When the people are being beaten with a stick, they are not much happier if it is called the people's stick'- Mikhail Bakunin

Prediction: Switch 2 will outsell the PS5 by 2030