Author: Chris Dring
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Why Xbox believes it must cut costs and close studios
Investors that put money, or buy shares, in a business want to make money on their investment. And for that to happen the company’s ‘value’ needs to go up. It needs to grow bigger. Growth could be many things, but it typically refers to revenue (the amount of money a company generates) or profit…
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What is going on with layoffs in the video games industry?
Zelda: Tears of the Kingdom shipped 10m copies in a weekend. Hogwarts Legacy sold 24m units in a year. Palworld is on 25 million players. Spider-Man 2 was Sony’s fastest-selling game. Starfield broke Bethesda records. And then there’s been Diablo 4, Super Mario Bros Wonder, Baldur’s Gate 3, Star Wars Jedi: Survivor, Resident Evil 4……