Currently Online 
Looks like on Jez's podcast, he goes further into the reasoning why studios are being reallocated. Primarily under Activision.
Big reason is salaries. Microsoft's obsession with AI and its competition with OpenAI mean they're having to pay a large premium for engineers and tech people in general. These kinds of financials carried over to Xbox's game studios because the division is not properly separated from Microsoft. So it became financially unsustainable.
Activision is immune to these issues. It's a more efficient, gaming purpose built operation vs Microsoft.....not being that lol. Xbox had to famously use outsourcing and contractors because it couldn't hire full time employees at the same pay level as software engineering and AI jobs.
It also didn't make sense to have a separate finance and legal team for Xbox when Activision has its own finance and legal team.
You called down the thunder, now reap the whirlwind
