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Xbox Layoffs, Studio Closures, And Spin-Offs: Everything Announced Today

Microsoft has announced significant layoffs and studio restructuring within its Xbox division, impacting 3,200 employees over the current financial year, with 1,600 layoffs starting immediately. Several studios, including Compulsion Games and Double Fine Productions, are transitioning back to independent management, while others like Ninja Theory and Undead Labs are seeking new ownership. The company cited financial underperformance and a need to reset its strategy, focusing investment on higher-priority games and core IPs.

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Xbox Faces Major Layoffs and Potential Studio Closures

Xbox is reportedly planning significant layoffs and possible studio closures in July. Several first-party developers, including Rare, Bethesda, Arkane, Compulsion Games, Double Fine, and Ninja Theory, are rumored to be at risk. These moves are seen as a strategic shift by new management to address declining revenue and improve profitability.

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