Xbox Plans Studio Cuts and Contract Terminations but Denies Reducing Games Investment
By
Mike Straw
Summary
Microsoft and Xbox are planning significant cuts, including potential studio shutdowns and termination of third-party contracts, as part of a cost-cutting and restructuring effort under CEO Asha Sharma. Despite these cuts, Xbox publicly states it is not reducing its overall investment in games. The article highlights the tension between the restructuring moves and the company's messaging about continued commitment to game development.
Source
Twitter / XXbox Plans Studio Cuts and Contract Terminations but Denies Reducing Games Investmentinsider-gaming.comKey quotes
· 3 pulledEveryone across the gaming world is gearing up for what many expect to be some of the darkest days in the history of Xbox.
Multiple studios are at risk of being shut down, while other teams are facing significant cuts as Microsoft and Xbox look to cut costs and 'reset' the division under CEO Asha Sharma.
In addition to the cuts within Xbox, the company is also ending various third-party contracts and vendor agreements.
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