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Too many gamers treat numbers way to seriously. Companies are about profit. There not going to hold onto brands just because of a minor few. There paying to have them around just like your employer paying your salary. Would you prefer them to waste there budget on a bunch of workers that dont do a good job? Xbox has a budget from MS and a target to reach every year. The less fat you have the more you can run. Focusing on the good and not the bad is the future for any buisness. MS can hire or form other companies if they need to. They dont need to waste half there budget on 20+ studios if only 1/3 are preforming.
I feel sorry for the losses of those who worked for them. But life goes on and so does gaming.