- Xbox claims it won’t reduce its overall investment in games as it plans to slash multiple titles.
- It will fund about the same amount of gaming content as it did last year.
- The brand is taking a fresh look at where it invests, aiming to focus on the highest priorities.
Microsoft is set to lay off over 5000 employees soon, including Xbox staff. The conglomerate is resetting its entire gaming business, which will see multiple studio closures and project cancellations. Therefore, Marvel’s Blade and State of Decay 3 are projected to be canned soon.
However, an Xbox spokesperson now clarifies that the gaming brand is not reducing its overall investment in games, even as it moves to slash many of its promising projects.
The company is only changing the type of gaming content it will be funding moving forward.
Why it matters: Xbox aims to spend its gaming investment differently moving forward as its current strategies have failed, so the risk is certainly not fewer games. However, its gaming strategy post-reset still remains a growing mystery.
In a statement delivered to Bloomberg, the spokesperson claims that Xbox will fund the same amount of gaming content as it did last year. So, the brand is not cutting down on how many games it will develop in the next couple of years.
What’s changing is where we’re investing and the kinds of projects we’re backing.
-Xbox.
However, the gaming business is taking ‘a fresh look’ at what types of projects it will be investing in the future, aiming to focus on ones with the highest priority.
At least five studios are facing potential closures or may be spun off as independent entities, namely Double Fine, Ninja Theory, Compulsion Games, Undead Labs, and Arkane Studios. It’s unclear just how its investment priorities will change after this ‘reset.’
Asha Sharma holds grand ambitions for Xbox, as she aims to turn it into the world’s biggest entertainment company.
Meanwhile, Microsoft is reportedly considering spinning Xbox off into an independent company if things don’t improve after the reset.
Do you think Xbox will continue to invest in gaming with the same fervor after the massive wave of reorganization passes through the business? Let us know your thoughts in the comments below, or join the discussion on the Tech4Gamers forum.
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Shameer Sarfaraz has previously worked for eXputer as a Senior News Writer for several years. Now with Tech4Gamers, he loves to devoutly keep up with the latest gaming and entertainment industries. He has a Bachelor’s Degree in Computer Science and years of experience reporting on games. Besides his passion for breaking news stories, Shahmeer loves spending his leisure time farming away in Stardew Valley. VGC, IGN, GameSpot, Game Rant, TheGamer, GamingBolt, The Verge, NME, Metro, Dot Esports, GameByte, Kotaku Australia, PC Gamer, and more have cited his articles.
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