Microsoft has recently executed layoffs affecting approximately 9,000 employees, or 4% of its workforce, resulting in major cuts across several gaming studios, including the closure of The Initiative. Additionally, several projects have been canceled, such as an unannounced MMO from ZeniMax Online Studios. Despite Xbox leadership's assurance that all titles showcased in the most recent event are secure, concerns remain about other games that did not appear, prompting a review of Xbox's announced and rumored titles still in development following the layoffs.
Microsoft has laid off approximately 9,000 employees, amounting to 4% of its workforce, causing significant cuts in its gaming studios, including The Initiative.
The layoffs have created uncertainty regarding upcoming projects from studios under the Xbox banner, despite claims that titles shown at the recent showcase are 'safe'.
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