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I took a look at the XGS release cadence and output, and I believe it is actually completely in line with industry standards.

Released a high quality game recently or is putting out high quality games at a rapid cadence, with latest game release in parenthesis:
Obsidian (2023, 2022)
Mojang (2023)
Double Fine (2021)
Playground (2021)
World's Edge (Age of Empires) (2021, 2022)
Inexile (2020)
The Coalition (2019)
Rare (on going SoT support, most recent content update 2022)

Released a game right before MS acquisition, and/or is still in development for new game:
Ninja Theory
Compulsion
Undead Labs
Major release imminent:
Turn 10

Studios with issues/"high profile failure" category
343
The initiative

In terms of studios that are genuinely embattled/putting out duds, the percentage is not even that dissimilar from SIE. I think the only difference is scale and expectations. No one was particularly shocked or upset about the recent failures of Bend and Media Molecule, but 343 and The Initiative were supposed to be flagship studios

for shits and giggles I did Zenimax:

Recently released a game:
Id (2020)
Tango Gameworks (2023, 2022)
Arkane Lyon (2021)
Zenimax Online (2022 ESO expansion)
Machine Games (2021 (quake next gen release), 2019)
Alpha Dog (2023)

Game release Imminent:
BGS (2023)
Arkane Austin (2023)

I think Microsoft Gaming as a publisher is held to an unrealistic and unfair standard by the games media broadly.