Latest News About Xbox faces studio shutdowns in layoff plan

Microsoft plans to lay off less than 2.5% of its global workforce. This move may involve shutting down of several Xbox game studios. The cuts follow earlier reductions and an internal review that covered the cancellation of the Blade title. Reports indicate Xbox is weighing the shutdown of several development teams. Multiple outlets confirmed the scale of the next layoff phase. Sources note the company aims to trim expenses. Microsoft states it does not plan reduce investment in games after the cuts. The trend emerged as part of broader changes. Several teams face possible closure amid the shifts.