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[Draugoth]

Microsoft’s head of gaming has said the company’s decision to cut 1,900 jobs was ultimately the result of a lack of growth in the industry. In a message sent to staff when the job cuts were announced, Spencer said the decision was taken after Microsoft and Activision’s leadership teams

“set priorities, identified areas of overlap, and ensured that we’re all aligned on the best opportunities for growth”.

Reflecting on the layoffs in a new interview with Polygon, Spencer said a lack of industry growth was forcing publicly traded companies across the industry to cut costs.

 

[Kacho]

Thick Thighs Save Lives pisted this yesterday

Business - Game Dev - Phil Spencer on what the hell is happening in the games industry and why exclusives have become a risky business

“The math on [making] a game has definitely changed,” said Phil Spencer, CEO of Gaming at Microsoft. Polygon spoke with Spencer during the annual Game Developers Conference, and though the conversation ranged from the possibility of a handheld console to the trouble with closed platforms, one...

www.neogaf.com

 

[Krieger]

we’re all aligned on the best opportunities for growth for our shareholders.

FTFY

 

[ReBurn]

FTFY

Definitely a move to boost short term numbers.

 

[LectureMaster]

Treat your customers with products like this :

Then blame your business lacks of growths.

 

[Salty Popsicle]

No publicly traded company is immune.

 

[Bumblebeetuna]

Treat your customers with products like this :

Then blame your business lacks of growths.

Oh shit Fable is out? How is it?

 

[Guilty_AI]

Oh shit Fable is out? How is it?

It isn't and it sucks

 

[Beelzebubs]

Lack of industry growth or lack of XBox growth?

 

[adamsapple]

Lack of industry growth or lack of XBox growth?

Pretty much every major studio, minus Nintendo, is having massive layoffs so .....

 

[S0ULZB0URNE]

Slow down with the threads