Browsing: Xbox

Obsidian Entertainment, one of the various studios impacted by the dramatic Xbox layoffs announced earlier this week, has reportedly started shifting its redesign director Josh Sawyer has reportedly been tasked with the development of this new Fallout game with the support of Bethesda, which also continues to work on new content for the multiplayer game…

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About a month ago, freshly installed Xbox CEO Asha Sharma sent out a notice to employees saying that the company’s $20 billion in investments over the past five years (not including a nearly $70 billion acquisition of hotshot game developer Activision Blizzard), razor-thin profit margins and revenues that have declined by $500 million over the…

Twenty percent of Xbox’s workforce is gone. CEO Asha Sharma confirmed in an internal memo that roughly 3,200 jobs will be eliminated over Microsoft’s fiscal 2027, with 1,600 cuts hitting immediately. The headline number isn’t the story. The story is what Sharma said next: Xbox lost 64 cents on every dollar it invested in content.…