The Gaming Industry Is Eating Itself Alive

Xbox is undergoing a massive restructuring, including 3,200 layoffs, impacting numerous studios and divisions like Activision, Bethesda, and Blizzard. While some studios regain independence and first-party projects remain safe for now, the article criticizes Xbox's overall strategy, citing Game Pass's performance and declining hardware revenue. The piece also touches on PlayStation's similar issues with digital ownership and preservation, painting a bleak picture for the future of gaming costs and ownership.

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Xbox CEO Admits Overextension Led to Layoffs

Xbox CEO Asha Sharma has revealed that significant layoffs and restructuring were necessary due to a lack of focus. She stated the company spread its resources too thin across various ventures. These changes aim to refocus on the core console business and address hardware challenges.

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