this post was submitted on 12 Sep 2024
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In a week when Xbox fans were hoping to hear a response from Microsoft to the PS5 Pro, the software giant is making a third round of gaming layoffs instead. 650 employees at Microsoft’s gaming business are being laid off, part of continued cuts at Xbox after Microsoft’s $68.7 billion acquisition of Activision Blizzard.

Microsoft cut 1,900 Activision Blizzard and Xbox jobs earlier this year and then shuttered four studios it acquired as part of its $7.5 billion Bethesda acquisition in May. Thankfully, Hi-Fi Rush studio Tango Gameworks was eventually saved from Microsoft’s shutdown after Krafton, the South Korean publisher behind PUBG: Battlegrounds and The Callisto Protocol, acquired the Japanese studio from Microsoft instead.

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[–] bdonvr@thelemmy.club 3 points 6 days ago (1 children)

The end of the console gaming era?

[–] woelkchen@lemmy.world 5 points 5 days ago

No but thanks to Microsoft's incompetence, there's no immediate danger of another Microsoft monopoly.