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Xbox is laying off 600+ more people as AAA gaming continues to “contract.” Actually, no, it’s downright imploding. And it doesn’t look like this industry is going to get better any time soon.
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Microsoft is laying off 650 Xbox employees amid a significant decline in the AAA gaming industry, raising concerns about the future of console gaming and a potential shift towards streaming models.
00:00 Microsoft is laying off 650 Xbox employees as the AAA gaming industry faces a severe decline, raising concerns about Xbox’s future.
01:48 Xbox is facing job cuts as the AAA gaming industry struggles with declining ad revenues and overall instability.
02:56 Microsoft is cutting 650 gaming jobs at Xbox and Activision Blizzard amid restructuring after its $69 billion acquisition.
04:42 Microsoft is cutting 1,900 jobs in its gaming division amid industry contraction and a shift towards the Xbox app, prioritizing long-term profitability.
06:46 Console gaming faces a critical threat as high costs and lackluster exclusive titles make PCs a more appealing option.
08:09 Microsoft and Sony might shift AAA game releases to platforms like Steam as mobile gaming challenges the need for dedicated consoles.
09:56 Xbox is shifting towards a streaming model, potentially eliminating traditional consoles as gamers seek familiar experiences over new innovations.
11:04 YouTube’s reliability is questionable, prompting a shift to clownfishminus.com for content.
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