They will go poorly.
Consoles and the gaming industry as a whole, are undergoing a contraction of popularity and sales, losing out to the new dopamine-generator; tiktok.
If Xbox bows out, it makes console gaming look less popular and a dying medium that looks unappealing to newcomers.
Seems as newcomers have fueled the financial fires of the industry for decades, a lack of new wallets to pray upon will detrimental to the industry, but good for gamers who want; no politics, no social trends, no mtx and no gatcha-gambling-gauging.