Cost-Cutting Measures
Ongoing coverage on Cost-Cutting Measures.
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Xbox Will Go Through More Layoffs in October, November, and January – Rumor
Xbox is reportedly planning multiple rounds of layoffs in October, November, and January, following an initial wave in July. CEO Asha Sharma cited a need to cut costs and improve profitability due to over-expansion and underperforming investments. These cuts are part of a larger plan to reduce approximately 3,200 jobs by fiscal year 2027 and have already led to the divestment of several studios.
Ubisoft’s Massive Entertainment Rebrand Has Made The Name Much More Literal And Slightly Confusing
Ubisoft has rebranded its "Creative House 2" to Massive Entertainment, which is also the name of the studio it houses. This move aims to consolidate development expertise for Tom Clancy titles and other projects. However, the rebranding occurs amidst significant cost-cutting measures, including game cancellations and layoffs, creating a confusing and challenging environment for employees.