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Xbox reports 10 percent drop in revenue across content and services following mass job cuts and studio offload

Microsoft's Xbox division reported a 10 percent decrease in revenue from content and services during the last financial quarter. This decline follows significant layoffs and the divestment of several development studios. CEO Satya Nadella indicated that necessary decisions are being made to reset the business for long-term growth, with a projected return to growth in fiscal year 2027.

EurogamerArticle tone: Very negative
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