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Xbox’s ‘reset’ will reportedly mean layoffs, Ubisoft closes studios while hiding the news under embargo

Xbox CEO Asha Sharma and head of Xbox Game Studios Matt Booty discussed a 'reset' for the brand, hinting at upcoming layoffs. Concurrently, Ubisoft has shut down studios in Winnipeg and Belgrade, affecting approximately 380 employees, with additional layoffs in San Francisco. Reports also suggest Ubisoft embargoed news of these closures to the press.

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