Microsoft is preparing a second wave of layoffs impacting approximately 1,600 roles within its Xbox division, following earlier cuts announced last summer. This restructuring aims to increase profitability within the gaming division, reflecting a broader "reset" initiative led by Xbox boss Asha Sharma. Industry observers should anticipate further studio consolidations and potential shifts in franchise ownership, such as the rumored move of the Halo franchise to Activision Blizzard.
Read the full article at GameSpot
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