2024 may not be kind for game developers.

Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed​

"For the past year, our goal has been to minimise disruption while welcoming new teams and enabling them to do their best work. As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across Microsoft Gaming - mostly corporate and supporting functions - to organise our business for long term success," reads Spencer's email.
 
"As part of aligning our post-acquisition team structure and managing our business"

Oh yeah. This time he was very clear, not even cared to hide ABK was a significant part of the layoffs, if not almost the entirety of it.

At this is point I hope everyone here realizes consolidation is bad for everyone but execs. Big companies buying publishers is not good for the industry, period.
 
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Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed​

"For the past year, our goal has been to minimise disruption while welcoming new teams and enabling them to do their best work. As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across Microsoft Gaming - mostly corporate and supporting functions - to organise our business for long term success," reads Spencer's email.

Unfortunately, they could do a dozen more layoffs of that size and not come close to $70 billion, meaning they will likely keep whittling down staff.
 
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