Microsoft Lays Off Another 650 Staff From Its Video Game Workforce, Xbox Boss Phil Spencer Sends Memo to Staff - IGN
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Microsoft is laying off a further 650 staff from its Xbox gaming business, according to a memo sent by chief Phil Spencer to staff today, September 12, and obtained by IGN.
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Man if big studios are constantly layng ppl off, that means in a few years we will probably have an influx of even more small game studios and it’s gonna be way harder for big companies to acquire them.

Though I don’t like the layoffs, I like the world in which game developers are back to steering their own company again.

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They do layoffs and rehire later though

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