It’s less the focus on consolidation and more getting out the very problematic leadership from Activision (Bobby and his crew). Not that Microsoft is a bastion of progressive thought or leadership, but it’s suspected they would be much less likely to have covered up things like the Cosby room, suicide due to harassment, or the theft of breast milk. Activision’s leadership has some deep seated problems with sexism in general.
Like @Lockely@pawb.social mentions, they did intend to clean house by dropping the board with a buyout.
I, personally, am not too bothered by the consolidation of game studios. There are plenty of AAA game developers and indie devs are filling other niches (and sometimes become AAA themselves). It’s a different industry from something like making cars with high production costs and huge barriers to entry.