Microsoft has executed significant layoffs in its gaming division, affecting various studios. The Initiative has closed entirely, and Turn 10 Studios reportedly lost half its staff. Many projects have been cancelled, including Everwild at Rare and an unannounced MMORPG at Zenimax Online Studios. Reports suggest cuts to Zenimax's media marketing teams, as well as a 10% layoff at King, translating to around 200 employees. Phil Spencer communicated that these cuts are necessary for focusing on strategic growth areas in gaming, despite record engagement levels for Xbox.
Microsoft has implemented major layoffs affecting its gaming studios. The Initiative has been shut down, and Turn 10 Studios lost half of its staff.
Everwild has been cancelled at Rare, alongside an unannounced MMORPG at Zenimax Online Studios. Zenimax's media marketing teams have been hit significantly.
Phil Spencer's internal email indicated a realignment of priorities, suggesting that in order to ensure lasting success, certain departments within Xbox may be closed.
Despite these layoffs, Phil Spencer noted that Xbox has a record number of players and games, indicating growth in gaming engagement.
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