Xbox preparing for mass layoffs as Project Helix implied for Christmas 2027
Xbox is reportedly preparing for significant layoffs, potentially affecting around 1,000 employees, as the company faces declining revenue despite substantial investments. This comes as Xbox leadership discusses the high cost of console components and the need for new business models for the upcoming 'Project Helix,' rumored for a Christmas 2027 launch. The company has also seen multiple game cancellations and studio closures in recent years.
- Entities
- Game: Minecraft
- Company: Xbox Game Studios
- Company: Microsoft
- Game: Halo
- Game: Gears of War
- Topic: Layoffs
- Company: Activision Blizzard
- Company: Xbox
- Person: Matt Booty
- Topic: Hardware Development
- Topic: Console Market
- Game: Fallout
- Game: Perfect Dark
- Platform: Xbox Series X
- Topic: Business Models
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